The Governor of the State Bank of Vietnam (SBV) issued Decision No. 1043/QĐ-NHNN on May 29 to extend the operational coverage of the license of Hanoi branch of the Bank of Tokyo-Mitsubishi UFJ, Ltd.
Accordingly, the SBV Governor approved the additional operation of “money broker service” to Article 4 of License No. 55/GP-NHNN dated February 20, 2013.
Hanoi branch of the Bank of Tokyo-Mitsubishi UFJ, Ltd. is responsible for fully implementing regulations on money broker service as stipulated in Circular No. 17/2016/TT-NHNN dated June 30, 2016 on money broker service provided by commercial banks, foreign banks branches and other relevant regulations.
Moreover, Hanoi branch of the Bank of Tokyo-Mitsubishi UFJ, Ltd. is responsible for complying with the procedures in accordance with Item 3 of Article 18b of Circular No. 40/2011/TT-NHNN, dated December 15 2011, on granting a license to commercial banks, foreign bank branches, the representative offices of foreign banks and other foreign institutions with banking operations in Vietnam (as revised by Circular No. 08/2015/TT-NHNN dated June 30, 2015).
This Decision took effect from the date of signing and is an integral part of License No. 55/GP-NHNN dated February 20, 2013 of the SBV Governor for Hanoi branch of the Bank of Tokyo-Mitsubishi UFJ, Ltd.
Le Hang