Page 46 - 2022 OUTLINE OF THE MINISTRY OF THE INTERIOR REPUBLIC OF CHINA

be diligent, thrifty, and wise about utilizing their loans and savings to enhance members’ social status
and improve their economic situation, while significantly mitigating the hazards caused by illegal pri-
vate banks and loan sharks. The focus areas of their work include the following:

1. Policy planning and legal operations: The planning of relevant policies for credit unions has been

performed, as well as the research (revision), approval, and filing of relevant laws and regulations

of the Credit Union Act.

2. Counseling and management matters related to the Credit Union League of the Republic of China
(hereinafter referred to as “the League”) have been conducted, including providing subsidies and

support for credit unions’ management education and training as well as for the activities of Inter-

national Credit Union Day, the entrustment
of accountants conducting on-site auditing

of the operations, management, and finan-

cial operation status of associations and
credit unions, and tracking their improve-

ment after counseling. In 2021, a total of 40

credit unions (including the League) were
audited by the accountants entrusted.
2021 Cooperative Administrative Liaison and Briefing

44