Regulatory Alerts2026-06-15
Circular No. 23/2026/TT-NHNN Amending and Supplementing Legal Documents on Foreign Exchange Management Related to Foreign Exchange Service Provision by Non-Credit Institutions
The Governor of the State Bank of Vietnam issued Circular No. 23/2026/TT-NHNN to amend regulations governing foreign exchange services provided by non-credit institutions acting as currency exchange agents. The circular updates licensing procedures, reporting obligations, and operational standards for general foreign exchange agents and those dealing with currencies of neighboring countries. It establishes stricter criteria for agent selection, defines rights and duties regarding anti-money laundering compliance, and streamlines administrative processes for certificate issuance and revocation.
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