This Circular supplements requirements for commercial banks, foreign bank branches to perform some activities in relation to securities, such as:
(i) corporate bond issuance agency activities; collateral asset management agency activities in corporate bond issuance activities;
(ii) purchase and/or sell Government bonds in the securities market;
(iii) provide securities clearing and settlement services, supervisory bank activities, securities depository activities.
In addition, this Circular also amends, supplements requirements for foreign banks when they participate in establishment of joint venture, 100% foreign bank in Vietnam.
This Circular takes effect from March 1st, 2022.
|Published||Vietlaw's Newsletter No. 550|