Regulations Governing Foreign Bank Branches And Representative Offices Article 17

The balance sheet, income statement, and statement of cash flow of a foreign bank's branch and the consolidated balance sheet, income statement, and statement of cash flow of such foreign bank's branch and its offshore banking units, as well as any other items required by the competent authority, shall be audited and certified by a certified public accountant and, along with the annual report of the head office, be submitted to the competent authority within four months after the end of the fiscal year, and shall be published in a daily newspaper in the place where such branch is located or in such other manner as may be designated by the competent authority and placed in a conspicuous location at each of its business premises for public review.A foreign bank branch shall submit its balance sheet, income statement and other relevant monthly report(s) as designated by the competent authority, to the competent authority in the form, with the contents, in the method and within the time period specified by the competent authority at the conclusion of each (business) month. In addition, a foreign bank branch shall submit a business report for each calendar year at the end of such year.