Regulations Governing the Procedures for Credit Cooperatives to Evaluate Assets and Deal with Non-performing/Non-accrual Loans Article 14
A credit cooperative shall establish an internal management system and procedures for the evaluation of asset quality, allocation of loss reserves, clearance of non-performing loans/non-accrual loans, and the write-off of bad debt, and such system and procedures shall be reported to the local competent authority for reference after approval by the board of directors. While reporting to local competent authority, the credit cooperative shall send a copy of the system and procedures and attachments thereto to the central competent authority. The internal management system and procedures shall contain at least the following items:1. The evaluation and classification of assets.2. Loan loss provision and loss reserve policy.3. Measures to be taken when a credit extension becomes past due.4. Regulations governing relevant collection procedures.Rules for collection procedures.5. Regulations governing procedures for amending original creditrepayment agreements of non-performing/non-accrual loans and entering settlement, as well as authorization standards. Procedures for amending original repayment agreements of non-performing/ non-accrual loans and loan settlement, as well as authorization standards.6. Accounting treatment of non-accrual loans and writing off bad debt.7. Accounting treatment of claims and debt collections, and the documentation needed to evidence the same.8. Key points to be used by the auditors when conducting an audit.9. Internal responsibilities and disciplinary/award measures.
中文原文 信用合作社資產評估損失準備提列及逾期放款催收款呆帳處理辦法第14條
信用合作社對資產品質之評估、損失準備之提列、逾期放款催收款之清理及呆帳之轉銷，應建立內部處理制度及程序，報經理事會通過後，函報地方主管機關核備。
地方主管機關核備同時應併相關附件副知中央主管機關，其內容應至少包括下列事項：
一、資產之評估及分類標準。
二、備抵呆帳及損失準備提列政策。
三、授信逾清償期應採取之措施。
四、催收程序有關之規定。
五、逾期放款催收款變更原授信還款約定及成立和解之程序、授權標準之規定。
六、催收款、轉銷呆帳之會計處理。
七、追索債權及其債權回收之會計處理及可作為會計憑證之證明文件。
八、稽核單位列管考核重點。
九、內部責任歸屬及獎懲方式。
地方主管機關核備同時應併相關附件副知中央主管機關，其內容應至少包括下列事項：
一、資產之評估及分類標準。
二、備抵呆帳及損失準備提列政策。
三、授信逾清償期應採取之措施。
四、催收程序有關之規定。
五、逾期放款催收款變更原授信還款約定及成立和解之程序、授權標準之規定。
六、催收款、轉銷呆帳之會計處理。
七、追索債權及其債權回收之會計處理及可作為會計憑證之證明文件。
八、稽核單位列管考核重點。
九、內部責任歸屬及獎懲方式。