TO ADJUST THE PRINCIPLE FOR MAKING A DOSSIER OF REQUEST FOR APPROVING THE PROVISIONAL PERSONNEL LIST
On November 13, 2020, the State Bank of Vietnam promulgates the Circular No. 13/2020/TT-NHNN on amending and supplementing a number of articles of the Circular No. 22/2018/TT-NHNN dated September 05, 2018 of the Governor of the State Bank of Vietnam on providing guidance on procedures and dossiers for approval of the provisional personnel list of commercial banks, non-bank credit institutions and foreign bank branches.
As in previous regulations, the written request for approval of the provisional personnel list of credit institutions and foreign bank branches sent to the State Bank must be signed by the at-law representative or the authorized representative.
However, from the effective date of this Circular, such written request of the credit institution shall be signed by the at-law representative. In case where the at-law representative authorizes another person to sign such written request, the dossier must contain an authorization document, which is made in accordance with law provisions.
In case the position of credit institution’s at-law representative is absence, the written request of the credit institution must be a document of the Members’ Council or Boards of Directors, which is signed by the Chairperson of the Board or the Chairperson of the Member's Council, etc.
For foreign bank branches, such written request shall be signed by the General Director (Director). In case where the General Director (Director) authorizes another person to sign such written request, the dossier must contain an authorization document, which is made in accordance with law provisions. In case where the position of General Director (Director) of a foreign bank branch is absence, the foreign bank branch’s competent representative shall sign such written request.
This Circular takes effect on December 28, 2020.
