Press Release on issuance of Circular No.23/2016/TT – NHNN
The State Bank of Vietnam (SBV) issued Circular No. 23/2016/TT – NHNN on June 30, to revise Circular No.16/2010/TT-NHNN dated June 25, 2010 on guiding implementation of Decree No.10/2010/ND – CP dated February 12, 2010 on credit information activities.
The Circular revises and adds several contents relating to the dossier of requesting for granting operational certificate of credit information activities in line with implementation validity of Law on investment of conditional business lines, with Resolution No.19/2016/NQ-CP of the Government on main tasks and solutions of improving business environment, enhancing national capacity of competition in 2016-2017, orientation towards 2020 and, Decree No.10/2010/ND – CP dated February 12, 2010 on credit information activities. This Circular includes 4 articles with main substances as follows:
- To abolish the regulation on conditions of granting certificate of providing credit information activities stipulated by Circular No. 16/2010/TT – NHNN dated June 25, 2010 (Circular 16) of the SBV to guide the implementation of Decree No.10/2010/ND – CP dated February 12, 2010 on credit information activities and Circular No. 27/2014/TT – NHNN (Circular 27) dated September 18, 2014 of the SBV on revising several articles of Circular 16.
- Reviewing and revising several items on dossiers of application for an operational certificate of credit information activities as stipulated by Circular 16 and Circular 27.
- Circular No.23/2016/TT-NHNN does not add any new article as compared to Circular 16 and 27.
This Circular takes effect July 1st , 2016.
VMH