SBV Amends Circulars Related to Operation of Credit Institutions
SBV published the Circular No. 13/2019/TT-NHNN that amends and supplements a number of articles of circulars related to licensing, organization, and operation of credit institutions and foreign bank branches. The circular amends and supplements a number of articles of Circular No. 03/2018/TT-NHNN on licensing, organization, and operation of the group micro-finance institutions. The circular also amends and supplements a number of articles of Circular No. 22/2018/TT-NHNN, which provides guidelines on procedures and documents for approval of the tentative list of personnel of commercial banks, non-bank credit institutions, and foreign bank branches. The Circular No. 13/2019/TT-NHNN takes effect on October 05, 2019, with certain exceptions.
Related Link (in Vietnamese): Circular No. 13/2019/TT-NHNN
Effective Date: October 05, 2019
Keywords: Asia Pacific, Vietnam, Banking, Credit Institutions, Licensing, Foreign Bank Branches, SBV
Previous Article
FSB Publishes Responses to Its Consultation Related to SME FinancingNext Article
APRA Revises Related Entities Standard for BanksRelated Articles
EC Adopts Financial Reporting Changes Arising from Benchmark Reforms
EC published Regulation 2021/25 that addresses amendments related to the financial reporting consequences of replacement of the existing interest rate benchmarks with alternative reference rates.
BIS Bulletin Examines Key Elements of Policy Response to Cyber Risk
BIS published a bulletin, or a note, that examines the cyber threat landscape in the context of the pandemic and discusses policies to reduce risks to financial stability.
HMT Updates List of Post-Brexit Equivalence Decisions in UK
HM Treasury, also known as HMT, has updated the table containing the list of the equivalence decisions that came into effect in UK at the end of the transition period of its withdrawal from EU.
EBA Issues Erratum for Technical Package on Reporting Framework 3.0
EBA published an erratum for technical package on phase 1 of the reporting framework 3.0.
APRA Publishes FAQ on Measurement of Credit Risk Weighted Assets
APRA updated a frequently asked question (FAQ), for authorized deposit-taking institutions, on the measurement of credit risk weighted assets.
EBA Publishes Risk Dashboard for Third Quarter of 2020
EBA published the quarterly risk dashboard, along with the results of the Risk Assessment Questionnaire survey among 60 banks and 15 market analysts.
ECB Analysis Shows Privacy as Biggest Concern in Use of Digital Euro
ECB concluded the public consultation on the introduction of a digital euro in EU.
ECB Finalizes Guide on Supervisory Approach to Bank Consolidation
ECB published a guide that sets out the supervisory approach to consolidation in the banking sector.
SRB Chair Outlines Work Priorities for 2021
The SRB Chair Elke König published an article setting out work priorities for 2021.
FDIC Selects Companies to Compete in Final Phase of Tech Sprint
FDIC has selected 11 technology companies—including BearingPoint, Fed Reporter, Inc, and S&P Global Market Intelligence, LLC—for inclusion in the third and final phase of the rapid prototyping competition.
