Page 31 - 中央存保108年年報

3. Revised mechanisms for fulfillment of insurance responsibility and handling of liquidation matters
A. In response to legislative amendments and the business needs of insured institutions, the CDIC amended version five of the CDIC Rules Governing the Format and Content of Electronic Data Files Created by Insured Institutions.
B. Developed the CDIC Guidelines for the Resolution of Failed Insured Institutions as the compliance when handling the resolution operations.
IV. Handling of Litigation Following Expiration of the FRF
1. Acting in accordance with Article 17 of the Act for the Establishment and Administration of the Financial Restructuring Fund and resolutions adopted at FRF Management Committee meetings, the CDIC has actively pursued civil damages against law-breaking individuals at failed financial institutions to recoup the losses of the FRF and serve the interests of social justice. After termination of the FRF at the end of 2011, responsibility for pursuing the aforementioned civil damages was handed off to the FSC, which subsequently entrusted the CDIC to handle these cases. By the end of 2019, 143 civil suits were filed, resulting in 106 favorable judgments and 23 unfavorable judgments. In addition, 14 suits are still being litigated.
2. Eight unfinished lawsuits over failed insured institutions were under litigation as of the end of 2018, and a total of five lawsuits were concluded in 2019.
V. Inspections
Exercising the power of inspections conferred by the Deposit Insurance Act , the CDIC continued to conduct inspections of statutorily specified matters at insured institutions. In 2019, the CDIC carried out the following inspections:
1. The CDIC conducted on-site inspections to verify the accuracy of the deposit insurance assessment base based on the data reported by 48 insured institutions. Where deficiencies and/or errors were detected in the above-mentioned inspections, the CDIC requested in writing that the inspected insured institutions make improvements to ensure the accuracy of the deposit insurance assessment base and the deposit insurance premium calculations.
2. The CDIC conducted on-site inspections at 61 insured institutions to verify the accuracy of the format and content of the electronic data files they are required by law to create. Where deficiencies and/or errors were detected in the above-mentioned inspections, the CDIC oversaw efforts by the inspected institutions to make improvements to ensure that the CDIC, when fulfilling insurance responsibilities, can use the data in the electronic data files to accurately calculate payout amounts.
3. The CDIC conducted on-site inspections of the data and files for risk indicators for risk-based premium rates submitted by 60 insured institutions to verify the accuracy of information. Where deficiencies and/or errors were detected in the above-mentioned inspections, the
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中央存保一〇八年報
Business Operations
2019 Annual Report