Vietnam: 04 rules for preparing applications for approval for personnel of banks

Tuyết Hoan

14:43, 18/09/2018

The State Bank of Vietnam issued Circular No. 22/2018/TT-NHNN providing guidelines for procedures and application for approval for provisional lists of personnel of commercial banks, non-bank credit institutions and foreign banks’ branches. Notably, rules for preparing applications are specified as follows:

- The application must be made in Vietnamese language. The document that is issued, notarized or certified by a foreign organization shall be consularly legalized as prescribed by Vietnam’s law (except for the cases in which consular legalization is exempted in accordance with regulations of law on consular legalization) and translated into Vietnamese;

- Translations from a foreign language into Vietnamese must be notarized or bear the translator’s signature as prescribed by law;

- Copies of documents of personnel to be elected or appointed must be copies from the master register or certified true copies as prescribed by law;

- The documents prepared by personnel to be elected or appointed must bear signatures as prescribed by law.

Circular No. 22/2018/TT-NHNN of the State Bank of Vietnam takes effect from November 01, 2018.

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