Regulatory Alerts2026-06-15
Added · Updated
Circular No. 23/2026/TT-NHNN Amending and Supplementing Certain Articles of Legal Documents on Foreign Exchange Management Related to Foreign Exchange Service Provision by Non-Credit Institutions
This Circular amends regulations for foreign currency exchange agents and border currency exchange agents. For foreign currency exchange agents, it updates dossier requirements for registration and changes, clarifies rights and obligations for both agents and authorizing credit institutions, including criteria for agent selection (e.g., tourist areas, international border gates) and training, and revises quarterly reporting deadlines. For border currency exchange agents, it introduces new definitions, detailed procedures for applying for, re-issuing, adjusting, and extending operating certificates, specifies conditions for certificate revocation and automatic expiration, and outlines their rights and obligations, including the types of border currencies permitted (CNY, LAK, KHR) and their exchange locations. Economic organizations acting as agents must comply with these updated requirements.