Adjustments on the Application Dossier for Gold Bar Trading License

This is notable content in Circular 03/2017/TT-NHNN of the State Bank of Vietnam regarding amendments and supplements to certain regulations on the management of gold trading activities.

from July 22, 2017, the application dossier for the issuance of a license for the business of buying and selling gold bars for enterprises and credit institutions is adjusted as follows:

Additional:

- A list of locations registered as places for business of buying and selling gold bars (head office, branch, business location, or transaction office);- A document showing the registered location as a place for the business of buying and selling gold bars;

Amendment:

- The Certificate of Business Registration with registered gold business activity is replaced by the Certificate of Business Registration;- The establishment and operational license of the credit institution with registered gold business activity is replaced by the Certificate of Business Registration and the Certificate of Branch Operation Registration.

See the detailed application dossier at Circular 03/2017/TT-NHNN amending and supplementing Circular 16/2012/TT-NHNN guiding the management of gold business activities.

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