Decision No. 18/2024/QD-TTg stipulating trực tiếp bóng đá k+ functions and duties of trực tiếp bóng đá k+ Banking Inspection and Supervision Agency in Vietnam
Decision No. 18/2024/QD-TTg stipulating trực tiếp bóng đá k+ functions and duties of trực tiếp bóng đá k+ Banking Inspection and Supervision Agency in Vietnam
On November 6, 2024, trực tiếp bóng đá k+ Prime Minister of trực tiếp bóng đá k+ Government of Vietnam issuedDecision 18/2024/QD-TTgregulating trực tiếp bóng đá k+ functions, tasks, powers, and organizational structure of trực tiếp bóng đá k+ Banking Supervision and Inspection Agency under trực tiếp bóng đá k+ State Bank of Vietnam.
Decision 18/2024/QD-TTgtakes effect from January 5, 2025, and replacesDecision 20/2019/QD-TTg.
Article 1 ofDecision 18/2024/QD-TTgspecifies trực tiếp bóng đá k+ position and function of trực tiếp bóng đá k+ Banking Supervision and Inspection Agency as an equivalent unit to a General Department under trực tiếp bóng đá k+ State Bank of Vietnam as follows:
- Performing advisory functions to assist trực tiếp bóng đá k+ Governor of trực tiếp bóng đá k+ State Bank in state management for credit institutions, branches of foreign banks, state management in bank inspection, supervision, citizen reception, complaint resolution, denunciation, anti-corruption, negative actions, and deposit insurance.
- Performing administrative inspection, specialized inspection, and banking supervision within trực tiếp bóng đá k+ fields under trực tiếp bóng đá k+ state management scope of trực tiếp bóng đá k+ State Bank, citizen reception, complaint resolution, denunciation, and anti-corruption, negative actions according to legal regulations and assignments of trực tiếp bóng đá k+ Governor of trực tiếp bóng đá k+ State Bank.
trực tiếp bóng đá k+ Banking Supervision and Inspection Agency has legal standing, a seal with trực tiếp bóng đá k+ national coat of arms, a separate account as prescribed by law, and is headquartered in Hanoi.
Decision No. 18/2024/QD-TTg stipulating trực tiếp bóng đá k+ functions and duties of trực tiếp bóng đá k+ Banking Inspection and Supervision Agency in Vietnam (Image from trực tiếp bóng đá k+ Internet)
What are trực tiếp bóng đá k+ components of trực tiếp bóng đá k+ organizational structure of trực tiếp bóng đá k+ Banking Supervision and Inspection Agency in Vietnam?
According to Article 3 ofDecision 18/2024/QD-TTg, trực tiếp bóng đá k+ organizational structure is specified as follows:
Article 3. Organizational Structure
- Administrative Inspection Department (abbreviated as Department I).
- Safety Policy in Banking Operations Department (abbreviated as Department II).
- Office.
- Banking Inspection and Supervision Department I (abbreviated as Department I).
- Banking Inspection and Supervision Department II (abbreviated as Department II).
- Banking Inspection and Supervision Department III (abbreviated as Department III).
- System Safety Supervision Department for Credit Institutions (abbreviated as Department IV).
trực tiếp bóng đá k+ Head of trực tiếp bóng đá k+ Banking Inspection and Supervision Department is authorized to issue inspection decisions for banking inspection subjects assigned (except inspections decided by trực tiếp bóng đá k+ Chief of Banking Supervision and Inspection according to trực tiếp bóng đá k+ law on trực tiếp bóng đá k+ organization and operation of trực tiếp bóng đá k+ Banking Supervision and Inspection), executes duties and powers of trực tiếp bóng đá k+ decision-making inspector and administrative sanction as per legal provisions.
trực tiếp bóng đá k+ Governor of trực tiếp bóng đá k+ State Bank is responsible for specifying trực tiếp bóng đá k+ functions, tasks, powers, and organizational structure of trực tiếp bóng đá k+ units under trực tiếp bóng đá k+ Banking Supervision and Inspection Agency.
Thus, trực tiếp bóng đá k+ organizational structure of trực tiếp bóng đá k+ Banking Supervision and Inspection Agency includes trực tiếp bóng đá k+ following entities:
- Administrative Inspection Department
- Safety Policy in Banking Operations Department
- Office
- Banking Inspection and Supervision Department 1
- Banking Inspection and Supervision Department 2
- Banking Inspection and Supervision Department 3
- System Safety Supervision Department for Credit Institutions
Note: trực tiếp bóng đá k+ Governor of trực tiếp bóng đá k+ State Bank determines trực tiếp bóng đá k+ functions, tasks, powers, and organizational structure of trực tiếp bóng đá k+ units under trực tiếp bóng đá k+ Banking Supervision and Inspection Agency.
What are types of banks in Vietnam?
According to Article 4 ofLaw on Credit Institutions 2024:
Article 4. Definition of Terms
In this Law, trực tiếp bóng đá k+ following terms are defined as follows:
[...]
- A bank is a credit institution that can conduct all banking activities as stipulated by this Law. Types of banks include commercial banks, policy banks, cooperative banks.
[...]
According to trực tiếp bóng đá k+ above regulation, there are 03 types of banks as follows:
[1] Commercial Bankis a type of bank that can conduct all banking activities and other business activities according to regulations for profit purposes.
[2] Policy Bankis established by trực tiếp bóng đá k+ Prime Minister of trực tiếp bóng đá k+ Government of Vietnam and operates not for profit to implement trực tiếp bóng đá k+ state’s socio-economic policies.
[3] Cooperative Bankis a bank for all people's credit funds, established by contributions from people's credit funds and certain legal entities, primarily aimed at system linkage, financial support, and capital harmonization within trực tiếp bóng đá k+ system of people's credit funds.
