Regulatory Alerts2026-05-19
Circular No. 13/2026/TT-NHNN Amending and Supplementing Certain Articles of Circular No. 53/2018/TT-NHNN on the Operational Network of Non-Bank Credit Institutions
The State Bank of Vietnam issued Circular No. 13/2026/TT-NHNN to amend and supplement the regulations governing the operational network of non-bank credit institutions. The circular updates procedural timelines for administrative procedures, clarifies the division of supervisory responsibilities between the State Bank's central and regional branches, and establishes stricter conditions for the establishment and closure of branches and representative offices. It also introduces new reporting requirements and defines the specific duties of internal inspection and audit units within the banking system.
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