Accordingly, the SBV Governor has assigned the SBV departments and entities to review 11 groups of administrative procedures numbering nearly 70 in monetary and foreign exchange operations, banking establishment and operations, settlement and other fields.
Specifically, the SBV departments and entities are responsible for reviewing procedures as follows: Procedures for interest rate swaps; group of procedures for registering/registering the rescheduling of medium-and long-term foreign loans by self-borrowing and self - repaying; procedures for open market membership acceptance; Procedures for revoking or re- granting of access digit and digital signature for the participants in the open market ; Procedures for granting monetary intermediary licenses to credit institutions; Procedures for opening, termination, operations, name and location changes, and inauguration of branches and representative offices of non- bank credit institutions from within and without; Procedures for change of name, head office address, charter capital, legal capital, and operational scope and duration of credit institutions and foreign bank branches; procedures for foreign investors to buy shares of Vietnamese credit institutions; Group of procedures for the establishment of branches and transaction offices, representative offices and non-productive units, branches and representative offices of Vietnamese commercial banks in the Vietnamese territory; Procedures for registration of bank cards; Group of procedures for joining and leaving the inter-bank electronic payment system; members participating in debt payment service and low-value payment service in the inter-bank electronic payment system; Group of procedures for emulation and commendation; and Group of procedures for assessment of counterfeit money, disqualified money and exchange of disqualified money.
Under Decree No.63/2010/ND-CP on administrative procedures control, the reviewing and evaluation of regulations and administrative procedures are annually implemented by ministries, agencies and provincial authorities in order to promptly revise or remove unnecessary and improper regulations and administrative procedures.
Source: Sbv.gov.vn