GOLD TRADER CHANGES BUSINESS INFORMATION MUST AMEND THE LICENSE WITHIN 30 DAYS
On December 27, 2019, the State Bank of Vietnam promulgates the Circular No. 29/2019/TT-NHNN on amending and supplementing a number of Articles of the Circular No. 16/2012/TT-NHNN guiding a number of articles of the Government’s Decree No. 24/2012/ND-CP of April 3, 2012, on management of gold business activities.
This Circular supplement the regulation on amendment of Gold bar trading license granted for enterprise. Accordingly, within 30 (thirty) days from the change on information of the enterprise or credit institution on the Gold bar trading license, such enterprise or credit institution shall carry out the procedure of amendment of Gold bar trading license as regulated in this Circular.
Credit institution/enterprises shall send a dossier directly or via post service, which include: Written request of changing information of the enterprise or credit institution on the Business License and the Enterprise registration certificate. Within 07 working days from the receiving day of the appropriate dossier, the State Bank of Vietnam shall issue the Decision on amending the Gold bar trading license.
This Circular takes effect on February 12, 2020.
