The Governor of the State Bank of Vietnam (SBV) issued Decision No. 1985/QĐ-NHNN on October 2 to publicize new administrative procedures under its jurisdiction.
Accordingly, the SBV officially publicizes four administrative procedures in the field of monetary operations including (i) procedure of acknowledging members participating in open market operations; (ii) procedure of announcing the limit of discounting valuable papers of credit institutions and foreign bank branches; (iii) procedure of requesting the discounting of valuable papers in direct method; (iv) procedure of requesting the discounting of valuable papers in indirect method. Two other administrative procedures in the field of banking information technology are: (i) procedure of requesting for/revoking password and electronic signature to access to open market operations at the SBV; (ii) procedure of requesting for/revoking password and electronic signature to participate in discounting operation at the SBV.
LH