The Governor of the State Bank of Vietnam (SBV) issued Document No. 930/NHNN-TTGSNH on February 20 to approve the organizational and governance structure of JP Morgan Chase Bank, N.A., HCMC branch in accordance with its report and request in Documents dated August 14, 2013, August 10, 2016 and December 6, 2016.
In case of any changes in approved organizational and governance structure, JP Morgan Chase Bank, N.A., HCMC branch is responsible for reporting to the SBV (via Banking Supervision Agency), with the commitment of being responsible for the organizational and governance structure of its branch (including internal audit and auditing systems) in accordance with Vietnamese laws, laws in the location at which head office of JP Morgan Chase Bank, N.A. is located, and other relevant regulations.
Le Hang