On November 10, 2021, the Governor of the State Bank of Vietnam issued Circular 16/2021/TT-NHNN on the purchase and sale of corporate bonds by credit institutions and foreign bank branches (“Circulars 16”), accordingly, Circular 16 replaces Circular No. 22/2016/TT-NHNN (“Circular 22”) and Circular No. 15/2018/TT-NHNN (“Circular 15”).
Through this article, readers, please join Bizlawyer to learn about the new point in Circular 16 compared to the previous regulations. Specifically: New adjustments on the responsibilities of CIs when buying CBs according to the new Circular. Details as in the comparison table below.
The above are Bizlawyer’s updates on New adjustments on the responsibilities of CIs when buying CBs according to the new Circular.
Circular 16 will take effect from January 15, 2022.
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