Deposit Insurance Act Article 24

The CDIC may inspect the following items of an insured institution:1. The accuracy of the deposit assessment base and content of the electronic data files stipulated in Paragraph 1 of the preceding Article.2. Any event causing the termination of the deposit insurance agreement.3. Assets and liabilities of insured institutions prior to the fulfillment of insurance responsibilities.4. Property information and information needed to pursue civil liabilities for illegal acts or omissions by employees of failed insured institutions and by those of problem insured institutions that receive financial assistance according to Paragraph 1 of Article 29.When the CDIC undertakes inspection according to Subparagraph 3 or 4 of the aforesaid Paragraph, if an insured institution has made any improper funds transfers or property transaction with its controlling financial holding companies, other subsidiaries thereof, or non-credit departments of farmer's or fishermen's associations with the potential to jeopardize the insurance payout special reserves, the CDIC may report to the competent authority or the central competent authority of the agricultural finance and undertake inspections, after obtaining their approval, of the said financial holding companies, the subsidiaries thereof, and the non-credit departments of farmers' and fishermen's associations.In undertaking the inspection stipulated in Subparagraph 4 of Paragraph 1, the CDIC may obtain or review relevant property and household registration information from government authorities, financial institutions, or securities' central depository agencies.