Regulations Governing the Audit and Adjustment of Deposit and Other Liability Reserves of Financial Institutions Article 12

Except where otherwise provided by the Bank, balances in financial institution reserve accounts B shall be adjusted each period by a certain portion of the Required Reserve Balance for the prior period; the portion shall be specified by the Bank.Balances in the preceding Paragraph shall be adjusted before the deadline for submitting Reserve Adjustment Forms for audit. Interest will not be paid on reserve accounts B for periods in which the said accounts fail to comply with requirements.For financial institutions that complete adjustments before the deadline, in the event that errors or omissions result in the failure to meet the required amount, the said financial institutions shall make the necessary corrections before the adjustment deadline or five business days thereafter; failure to correct shall be disciplined in accordance with the provisions of the preceding Paragraph.