Administrative procedures in monetary operations at One-Stop-Shop abolished
05/05/2021 12:05
On April 15, 2021, the Governor of the State Bank of Vietnam (SBV) issued Decision No. 649/QD-NHNN announcing the abolition of an administrative procedure in the field of monetary operations. This abolished procedure is currently performed at the one-stop-shop service under the SBV’s jurisdiction.
Specifically, the SBV has decided to abolish the administrative procedure of: "Procedure for approving the credit institutions’ plan of issuing bonds to the public".
The abolition of the above-mentioned administrative procedures has been decided in line with the provisions of the Governor's Circular No. 01/2021/TT-NHNN dated March 31, 2021 stipulating the issuance of domestic promissory notes, bills, certificates of deposits and bonds of the credit institutions and the foreign bank branches.
This Decision shall take effect from May 17, 2021 and shall abolish Decision No. 98/QD-NHNN dated January 20, 2020 on the announcement of administrative procedures in the field of monetary operations at the One-Stop-Shop service under the SBV’s jurisdiction./.
Source: sbv.gov.vn