The DECISION to enact the regulation issued in domestic valuable papers of credit institutions _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ the GOVERNOR of the STATE BANK pursuant to the law the State Bank of Vietnam in 1997, the law on amendments and supplements to some articles of the law on the State Bank of Vietnam in 2003;
Pursuant to the law on credit institutions in 1997, the law on amendments and supplements to some articles of the law on credit institutions in 2004;
Pursuant to the law of 2005 business;
Pursuant to the law on securities in 2006;
Foreign Exchange Ordinance base 2005;
Pursuant to Decree No. 52/2003/ND-CP dated 19/5/2003 of government functions, tasks, powers and structure of the State Bank of Vietnam;
Pursuant to Decree No. 52/2006/ND-CP dated 19/5/2006 the Government issued corporate bonds;
At the suggestion of the Director of the monetary policy decision: article 1. Attached to this regulation decision to release valuable papers in the country of the credit institution.
Article 2. This decision has the effect after 15 days from the date The quote and replace decision No 2/2005/QĐ-NHNN on 04/01/2005 by the Governor of the State Bank of issuing regulations released papers are reviews of credit institutions to mobilize capital in the country.
Article 3. The heads of the units belonging to State Bank; Director of State Bank branch in the province, central cities; Chairman of the Board, General Director (Director) credit institutions and people buying valuable papers is responsible for the implementation of this decision.

 



GOVERNOR LIEUTENANT GOVERNOR (signed) Nguyen Dong Tien REGULATION released valuable papers in the country of the credit institution (attached to decision No 7/2008/QĐ-NHNN dated Jan. 24, 2008 Governor's State Bank) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1.
GENERAL PROVISIONS article 1. Scope 1. This regulation regulates the release of valuable papers of credit institutions to mobilize capital on Vietnam territory range from organizations and individuals in the country and abroad.
2. The release of valuable papers, listing and trading valuable papers of the credit institution on the stock market are made in accordance with this regulation, the provisions of current legislation on securities and the stock market and the text of the relevant law.
3. Papers are priced in gold, by USD guaranteed value according to the price of gold made according to the current rules of the State Bank on the mobilization and use of capital in gold, by USD guaranteed value according to the gold price.
Article 2. The object released valuable papers 1. The credit institution is founded, operated under the law on credit institutions; Law on amendments and supplements to some articles of the law on credit institutions, and meets the conditions provided for in this regulation, including:-credit institutions in the State.
-Credit institutions the shares-the Central People's Credit Fund-venture credit institutions.
-Credit institutions 100% foreign capital and foreign bank branches allowed to operate in Vietnam.
2. Private financial companies and financial leasing companies, types of valuable papers and term paper papers are allowed to mobilize follow current rules on the Organization and activities of financial companies, financial leasing companies.
Article 3. The buyer valuable papers 1. The buyer valuable papers include:-personal organizer, Vietnam; Vietnam people settled abroad.
-Organization, foreign individuals investing activities under the provisions of the law of Vietnam, including the institutions, foreign individuals operating in Vietnam and does not work in Vietnam.
2. for the purchase of valuable papers are held, foreign individuals, institutions and released only valuable papers.
Article 4. Explanation of terms In this regulation, the terms below are interpreted as follows: 1. "valuable papers" is the Organization's certificate of credit issued to mobilize capital in which confirmed the obligation to repay a sum of money in a certain period, the interest conditions and the other terms of the commitment between the credit institution and the buyer.
2. "papers are short term price" is the price term papers under a 1 year include promissory notes, certificates of deposits, bills and other short-term valuable papers.
3. "the paper feeding long term price" is the price term papers from a year or more, including bonds, certificates of deposit and long-term papers have other long-term rates.
4. "valuable papers to enroll" is valuable papers released in the form of a certificate or record the shared names owners.
5. "valuable papers anonymously" is valuable papers released in the form of bearer certificate owners. Valuable papers owned by anonymous people who hold valuable papers.
6. "face value" is the original amount to be recorded on paper or printed papers released in the form of a certificate or record on the certificate of ownership for valuable papers released in the form of logging.
7. "the total package" is the sum of the face value of the valuable papers issued by credit institutions in a year or in a release.
8. "term paper papers" is the time period from the release date to payment due date.
9. "the release period" is the period of time from the date the credit organization began releasing the remainder of the end date of a release.
10. "fixed interest" is the interest rate does not change to be applied throughout the duration of the valuable papers.
11. "interest rates are adjusted periodically" as the interest rate changes periodically according to the market due to the credit organization agreement with the buyer when released.
12. "interest" is the sale of lower-priced paper denominations and the buyer paid the amount equal to the face value when payment due.
13. "once when interest payment due" is the payment of interest when payment due together with the original amount (face value).
14. "pay interest periodically" is paying an interest rate based on the interest coupons periodically for 6 months or 1 year for the long-term valuable papers.
15. "convertible bond" is the kind of bonds that can be converted into common stock of the same credit institution released under the condition that was identified in the release plan.
16. "the rate of conversion of bonds into shares" is the number of common shares that the bond owners get when doing a conversion of bonds into shares.
17. "the bond conversion period" is the period of time since the Organization began the conversion of the bonds until the end of the conversion of the bonds.
18. "Certificate Authority" is the type of stock issued accompanied bonds determine the rights of the owner of the bonds is to buy a volume of certain common stock under the conditions specified.
19. "live release of valuable papers" is the credit organization self made released valuable papers to the buyer valuable papers.
20. "dealer" is the Organization of release agents made the sale of valuable papers to the buyer valuable papers according to the authorisation of the credit institution.
21. the "underwriting" is organizing the underwriting commitment to release credit institutions performing the procedures before the release of valuable papers get to buy part or all of the papers are reviews of the credit organization for resale or purchase of valuable papers remains yet to be distributed out of the credit institution to release or support organization credits issued in the distribution of valuable papers.
22. "tender valuable papers" is the selection of the Organization, the individual bids meet all the requirements of the credit institutions.
23. "volume tenders" is making the bid on the basis of the volume of the tender purchase of valuable papers according to the interest rate by credit institutions issuing prior notice.
24. "tender" is making the bid on the basis of the tender interest of buyers valuable papers, 25. "Selling bonds to the public" is to sell the bonds in one of the following methods: a) through mass media, including the Internet b) selling bonds for investors from a year or more, regardless of professional investors are commercial banks, financial companies , leasing companies, insurance business organisation, business organization stock.
c) offered for sale for a number of unidentified investors.
Article 5. Ownership of valuable papers of foreign individuals, institutions owned valuable papers of the Organization, foreign individuals do not operate in Vietnam in the primary release adhere to provisions of the State Bank and the text of the relevant legislation in each period.
Article 6. Selling bonds to the public 1. Credit institutions make selling bonds to the public according to the provisions of the law on securities and the stock market and the text of the relevant law.
2. Credit institutions perform registration of bonds offered for sale to the public under the guidance of the Ministry of finance and the State Bank.
Article 7. Release forms 1. Credit institutions to release valuable papers in the form of certificate enrollment, certificate and logging.
2. in case of release of valuable papers in the form of logging, credit institutions issuing grants to buyer certificates of ownership of valuable papers.
Article 8. The elements of valuable papers 1. Valuable papers released in the form of the certificate must have the following elements:-credit institutions-release Name-the name of valuable papers (promissory notes, bills, certificates of deposit, short-term, long term deposit certificates, bonds, etc.).
-Face value.
-Up to-date.
-Payment due date.
-Interest rate: the interest method, time, interest, location-the location of the original papers are paying the price.
-Clearly is valuable papers to enroll or anonymous.
The case is valuable papers register stating: organization name, license number or business registration license, the Organization's address buy valuable papers (if buyer is held); The name, number of the identity card or passport, the buyer's address valuable papers (if buyer is personal).
-For issuing convertible bonds must specify: the time limit for conversion bond, bond conversion rate.

-For bonds with the right credentials to specify: conditions to buy common shares of the owner of the certificate authority, the number of shares to be bought by each unit the certificate of rights, other rights and responsibilities of the holder of the certificate authority.
-The signature of the Director General or a person authorized and signed by the credit institutions.
-Symbols, serial number issued.
-The conditions, terms of transfer, discount, to pledge valuable papers in major credit organizations released; For the processing of cases of risk, the case of non-payment.
2. In addition to the elements provided for in Paragraph 1 of this article, credit institutions may release more rules the content notes, other indications related to the valuable papers.
3. for valuable papers released in the form of logging, the elements specified in paragraph 1 of this article must be recorded in the certificate of ownership of valuable papers.
4, for the case of valuable papers pay interest periodically, interest coupons attached to valuable papers to have the details related to the valuable papers (serial number, denomination), interest rate, amount, term of the field of interest.
5. Valuable papers released in the form of the certificate must be the design and printing to ensure high resistance to false.
Article 9. Coins issued and the payment of 1. Valuable papers were released in Vietnam, foreign currency.
2. The issuance, payment and transfer of valuable papers in foreign currency must follow the regulations on Foreign Exchange Management of the Socialist Republic of Vietnam.
Article 10. The time limit for issuing the deadline issued by a release not more than 60 days, including the day of rest, holidays according to the provisions of the law. Credit organization just released beyond the time limit on when the consent of the Governor of the State Bank.
Article 11. Interest interest valuable papers issued by the credit institution regulations consistent with market rates, ensure safe and efficient business activities for credit institutions.
Article 12. Release procedure and payment of valuable papers and payment release procedure valuable papers because of regulatory fit characteristics, management model of credit institutions to ensure the release of valuable papers and payment are correct and secure.
Article 13. Payment of principal and interest 1. Credit institutions pay for original buyer when the price of paper paper papers payment due.
2. Credit institutions pay interest according to the method of paying interest in advance, or to pay interest when payment due, or pay interest periodically.
3. Credit institutions interest agreement according to a fixed interest rate, interest rates are adjusted periodically.
4. The payment before the term paper papers by credit institutions to match the rules of risk management and ensure safe operation of the credit institution.
5. Financial companies, financial leasing companies paid only the original money before maturity for valuable papers had real deadlines with minimum lowest time limit allowed to mobilize.
Article 14. Transfer of ownership paperwork price, handles disputes and handle cases of other risks.
1. Valuable papers were transferred ownership under the form of buy, sell, give, donate, Exchange, and inherited according to the provisions of the law.
2. The procedure of transfer of ownership papers are price, handles the case of risk, (crumpled, torn, loss of valuable papers and other risk cases) by credit institutions in accordance with provisions of the law, in accordance with the characteristics of their business conditions, and ensuring the legitimate rights of the owner of the valuable papers.
3. The handling of disputes related to the valuable papers are done according to the current legislation of the Socialist Republic Vietnam.
Article 15. Pledge, discount, discount of republished papers paper 1. Valuable papers are used as pledge assets at credit institutions according to the current rules of the law of secured loan if held to that effect.
2. Valuable papers are discount, discount according to the current rules of the law of the discount and the discount of republished the valuable papers.
Article 16. Preservation, delivery, shipping the preservation of valuable papers, delivery, transportation of valuable papers of credit institutions follow the current regulations of the Government and of the State Bank.
Chapter 2.
RELEASED PAPERS are SHORT TERM PRICE article 17. The face value of the short term price paper denominations of short-term valuable papers are available in or under the agreement of the credit organization released for the buyer.
Article 18. Conditions of release papers are short term price credit organization be released papers are short term price when full compliance with limitations to ensure safety in operating under the provisions of the law on credit institutions, the law on amendments and supplements to some articles of the law on credit institutions and State Bank's instructions.
Article 19. Issuers of short-term valuable papers 1. Credit organization celebrated the release papers are short term price in years.
2. Before every release at least 3 working days, credit institutions must send notice of release of the release expected on State Bank (monetary policy).
3. Announce the release include the following:-the name of the credit organization released-name valuable papers-the total face value of the release.
-The method of release-release form-release locations.
-Term paper-term papers-release-interest rates; The method of paying the interest, time, location, pay interest.
-Payment of the original place valuable papers-The other message content of credit institutions.
Chapter 3.
RELEASE of LONG-TERM PRICE PAPERS article 20. Face value of long-term price papers 1. Face value of long-term valuable papers in Vietnam issued a certificate in the form of a minimum of a hundred thousand. The face value is greater than the minimum face value must be a multiple of the minimum denominations.
2. The denomination of the long-term valuable papers in foreign currency released in the form of the certificate is the minimum one hundred United States dollars or the equivalent in other currencies. The face value is greater than the minimum face value must be a multiple of the minimum denominations.
3. The face value of valuable papers on long-term bonds is released in the form of the certificate is printed on valuable papers.
4. Denomination of valuable papers long term long term deposit certificate is issued in the form of certificate to be printed or by agreement of the issuing credit institution with the buyer.
5. Face value of long-term price papers released in the form of logging due to credit institutions issuing agreement with the buyer.
Article 21. The release date and the payment due date of the paper reviews the long term bond.
Bonds issued at the same period and the same batch recorded the same day release and payment due the same day.
Article 22. Conditions of release papers are long term price credit organization be released papers are long term price when meet the following conditions: 1. Comply with the restrictions to ensure safety of operations under the provisions of the law on credit institutions, the law on amendments and supplements to some articles of the law on credit institutions and State Bank's instructions.
2. Have a minimum operating time is one year from the date the credit organization officially goes into operation.
3. The total profit before tax over the equity of the adjacent years before release to reach from 10% and up to the time of the most recent to have interest.
4. The consent of the Governor of the State Bank on the release papers are long term price of a fiscal year of the credit organization.
Article 23. Recommended records released the long term price paper records suggest the release of valuable papers of long-term fiscal years are: 1. To recommend the release of valuable papers of long-term fiscal year.
2. the release plan long-term valuable papers in finance, which stated the purpose of release, plans to use the capital obtained from issuance of long term price papers; The total face value, face value, the name of valuable papers, release, location of release, method of release, release form, term, interest rate, interest methods, location, pay the principal and interest, the buyer valuable papers, number and estimated time of each release; The terms and conditions of the rights and obligations of credit institutions and the buyer. Plans released papers are long term price must be Board approved.
3. bond issuance plan to supplement the capital letters of credit institutions owned by the State must be approved by the Finance Ministry.
4. The financial statements of the two consecutive years were audited and until there is recommended single release. The credit institutions have operated under the 2-year period to send financial reports since the start of operations to be single recommendations released. The content of the financial statements comply with the provisions of the current Governor of the State Bank of the reporting regime for credit institutions. Case filing released in the first quarter of every year, the credit institution may submit the financial report of the previous year have not been audited and to submit the audited financial statement immediately after completing the audit.
5. underwriting commitments (if any).
6. The business plan, capital plan and capital of the financial year.
7. The Charter and operating licence (for the credit institution first issued) 8. The change in organizational and other changes (if any).
Article 24. The form and time limit to review the decision on the release of papers have the long-term price 1. The Governor of the State Bank of the decision on the release of valuable papers of long-term fiscal year of the credit organization.
2. The time limit for consideration of and a decision on the release of valuable papers of long-term fiscal year of the credit institutions do not exceed 15 working days from receipt of application to recommend release of credit institutions.
Article 25. Issuers have long-term price papers 1. Credit organization celebrated the release of valuable papers within the long term plan the release of the financial year has been considered.

2. where the credit institution has approved the plan to release valuable papers of long-term fiscal years but not the issuer must report the State Bank (monetary policy).
3. Prior to release at least 3 working days, credit institutions must send notification of release papers are long term price of the release expected on State Bank (monetary policy).
4. Announce the release papers are long term price includes the following:-the name of the credit organization released-name valuable papers (bonds, certificates of deposit and long-term ...).
-The total face value of the release.
-The method of release-release form-release locations.
-Term paper-term papers-release-interest rates, interest, time, size location charged interest.
-Payment of the original place valuable papers-The other message content of credit institutions.
5. Credit institutions only are released in excess of the plan has been approved to be the Governor of the Bank of State consent in writing. Records suggest that the additional review planned to release valuable papers of long-term fiscal year include the: Menu suggestions released papers have additional long-term price, plans to release the papers have long term price adjustments, the business plan of fiscal adjustment.
Chapter 4.
ISSUED CONVERTIBLE BONDS, bonds with CERTIFIED Control 26. The object released convertible bonds, bonds with the certificate authority convertible bonds, bonds with the right credentials due to credit institutions the shares issued.
Article 27. The limits for the purchase of convertible bonds, bonds with the certificate of the Authority 1. For the purchase of convertible bonds or bonds with the right credentials is held, foreign individuals, as to the time limit for conversion into shares or to purchase time limit of stocks to ensure conformity with the current regulations of the Government and of the State Bank of the foreign investors who buy shares of Vietnam's credit institutions and the law related.
2. for the purchase of convertible bonds or bonds with the right credentials is the credit organization, as to the time limit for conversion into shares or to the time limit for stock purchase must be compatible with the current rules of the law of credit institutions and of the State Bank on capital contribution limits , buy shares and the relevant legal texts.
Article 28. Conditions of issuing convertible bonds, bonds with the right credentials credit institutions issuing convertible bonds, bonds with the certificate authority when it meets the following conditions: 1. Meet the conditions in paragraph 1, paragraph 2 Article 22 of this regulation.
2. capital increase projects from the source release of the convertible bonds, bonds with the certificate of authority of the financial year was the General Assembly of shareholders and the approval of the Governor of the State Bank.
3. State Bank of Vietnam Was rated A in the adjacent year in release. The case of the State Bank of Vietnam has yet to be graded State Bank branch in the city, centrally planned proposal rated A 4. The rate of profit after tax on average equity of 3 consecutive years is higher than the previously expected interest rates charged for convertible bonds, bonds with the right credentials. For credit institutions have active time from 2 to under 3 years, the rate of profit after tax on average equity of 2 consecutive years before that is higher than expected interest rates charged for convertible bonds, bonds with the right credentials. For credit institutions are operating time under 2 years, the rate of profit after tax on the equity of the previous year are higher than expected interest rates charged for convertible bonds, bonds with the right credentials.
5. The consent of the Governor of the State Bank on the issuance of convertible bonds, bonds with the certificate of authority of a fiscal year of the credit organization.
Article 29. Recommended records issued convertible bonds, bonds with the right credentials in addition to the provisions in paragraph 4, 5, 6, 7, 8, article 23 of this regulation, the records suggest that the release of convertible bonds, bonds with the certificate of authority of the financial year include: 1. Recommendations issued convertible bonds the included certificate bonds, the authority of the financial year.
2. capital increase projects from the source release of the convertible bonds, bonds with the certificate authority is the General Assembly of shareholders and the approval of the Governor of the State Bank.
3. Plan the release of convertible bonds, bonds with the certificate of authority of the financial year, which stated:-the purpose of release, plans to use the capital gained from the release of convertible bonds, bonds with the right credentials; The total face value, face value, location, method of release, release forms, deadlines, interest, interest methods, location, pay principal and interest, bond buyers, the number and the estimated time of each release; The terms and conditions of the rights and obligations of credit institutions and the buyer. Options issued convertible bonds, bonds with the right credentials to be passed the Board.
-For options issued convertible bonds must specify: conditions, the time limit for conversion of bonds; The bond conversion rate, conversion price calculation method; The magnitude of the fluctuations in the stock price at the time of release and convert the bonds (if any).
-For projects issued with certificate authority must specify: conditions to buy common shares of the owner of the certificate authority, the number of shares to be bought by each unit the certificate of rights, other rights and responsibilities of the holder of the certificate authority.
Article 30. The form and time limit to review the decision on the issuance of convertible bonds, bonds with the certificate of the Authority 1. The Governor of the State Bank of the decision on the issuance of convertible bonds, bonds with the certificate of authority of a fiscal year of the credit organization.
2. The time limit for consideration of and a decision on the issuance of convertible bonds, bonds with the certificate of the right of credit institutions not to exceed 20 working days from receipt of application proposed the release of credit institutions.
Article 31. Underwriting convertible bonds, bonds with the right evidence the purchase of convertible bonds, bonds with the certificate of the right of underwriting organizations should ensure that the provisions of this regulation and article 27 of the basic law are related.
Article 32. Issuers of convertible bonds, bonds with the certificate of the Authority 1. Credit organization celebrated the release of convertible bonds, bonds with the certificate of the right within the scope of the planned release of the fiscal year have been approved.
2. where the credit institution has approved issuing convertible bonds, bonds with the right credentials but not the issuer must report the State Bank (monetary policy).
3. Prior to release at least 3 working days, the credit institution must send the notice issued convertible bonds, bonds with the certificate of the right of the release expected on State Bank (monetary policy).
4. notice issued convertible bonds, bonds with the right evidence include the following:-the name of the credit institution.
-Name of the bonds-total face value of the release-mode of release-release form.
-Location of release-the term bonds.
-Release period-interest rates, interest methods, time, location, pay interest.
-The location of the original bond-money payments for convertible bonds issuance are stated: conditions, the time limit for conversion bond, bond conversion rate, conversion price calculation method; The magnitude of the fluctuations in the stock price at the time of release and convert the bonds (if any).
-For bonds with the right credentials to specify: conditions are ancient popular Republican who purchase property rights certificate, the number of shares to be bought by each unit the certificate of rights, other rights and responsibilities of the holder of the certificate authority.
-The content of the notice of the credit organization released Article 33. Buy back convertible bonds, bonds with the certificate of the right to credit institutions are buying back convertible bonds, bonds with the certificate of rights under an agreement with the person who bought the bonds and in accordance with the relevant legal texts.
Chapter 5.
The METHOD of RELEASE of VALUABLE PAPERS Article 34. The method of release of valuable papers on credit institutions can make valuable papers issued by the method: 1. direct release of valuable papers 2. Underwriting 3. Release Agent 4. Bidding for valuable papers.
Article 35. Directly released valuable papers held direct credit organizations make the release of valuable papers to suit the characteristics, conditions of credit institutions.
Article 36. The guarantee institutions, organized the release agents valuable papers 1. Underwriting organizations valuable papers, organizational papers are release agents reviews including credit institutions, securities companies are allowed to operate securities underwriting and other financial institutions prescribed in the operating licence.
2. The implementation of commercial bank underwriting bonds to the public must be State Securities Commission approved under the conditions set by the Ministry of finance regulations.
Article 37. Underwriting method valuable papers 1. The underwriting price papers could do one or some of the time the Organization made.
2. where multiple organizations perform underwriting valuable papers, follow the method to guarantee the release of valuable papers.
3. underwriting organizations follow the proper underwriting commitments with credit institutions.
4. underwriting Fee by credit institutions issuing agreement with underwriting organizations valuable papers.
Article 38. The method of release agents valuable papers 1. Credit institutions issuing papers may be delegated to one or several organizations do the task agents released valuable papers.

2. hold release agents make selling valuable papers to the buyer valuable papers in the correct commitment to credit institutions. The case of not selling out, held the release agent are returned for credit institutions issuing of valuable papers.
3. Free Agent released valuable papers issued by the credit organization agreement with the dealer organization released valuable papers.
Article 39. The method of bidding for valuable papers 1. Credit institutions issuing papers are selected after bidding methods: a) a tender directly in credit institutions issuing papers.
b) tender through intermediary financial institutions c) tenders via the stock exchange, stock exchange.
2. Credit institutions decide bidding form valuable papers and building specific bidding process to suit the characteristics and conditions of business of his unit and the relevant legal texts.
3. The tender must ensure the principle of secrecy of the information of the Organization, the individual bids and ensure equality between organizations and individuals to join in the bidding.
4. The charge procurement valuable papers issued by the credit institution deals with authorised institutions hold a tender valuable papers.
Chapter 6.
The LIABILITY of the CREDIT INSTITUTION, the UNITS of the STATE BANK of VIETNAM and the BANK BRANCH of the PROVINCE, the CENTRAL CITIES of 40 Thing. The responsibility of credit institutions 1. Send suggestions to release papers are long term price of the financial year; Recommended records issued convertible bonds, bonds with the right credentials; Announce the release of every valuable papers to the State Bank (monetary policy).
2. in case of release of bonds to the public, credit institutions have to submit registration documents with the State Securities Commission in accordance current legislation on securities and the stock market.
3. Public disclosure at the time of the release of the information about the release of valuable papers according to the content as specified in paragraph 3 article 19, paragraph 4 Article 25, paragraph 4, and Article 32 of this regulation.
4. Be responsible for the accuracy, truthfulness of the information published.
5. Issuers of valuable papers.
6. the payment of interest, original and full of valuable papers to the buyer.
7. At the latest after 10 working days from the end of the release, credit reporting organization in writing results released papers are priced according to the form prescribed in annex attached to this regulation of the State Bank (monetary policy) and State Bank of India branch the central cities, where credit institutions headquartered.
Article 41. The responsibility of the State Bank of India branch of the province, central cities Have specific comments on the classification and approve or disapprove the proposal issued convertible bonds, bonds with the certificate of the right of the credit institution headquartered in (when necessary).
Article 42. The responsibilities of the unit in the State Bank of Vietnam 1. Monetary policy a) reception records recommendations released papers are long term price of the financial year; Recommended records issued convertible bonds, bonds with the right credentials; Announce the release of valuable papers each release, reporting of results of release papers are reviews of credit institutions.
b) presiding, in cooperation with the relevant units to review proposed release papers are long term price of the financial year, recommendations issued convertible bonds, bonds with the right credentials to the Governor of the State Bank review of approval or disapproval recommendation of credit institutions.
c) study released papers are reviews of credit organizations to petition the Governor of the State Bank amends and supplements the provisions on valuable papers issued by credit institutions.
2. Inspect the Bank a) provides for monetary policy the information:-The evaluation of Bank inspectors about the activities and the financial situation of the Organization through the Ombudsman process effects in place, remote monitoring.
-Data on the total profit before tax compared to the equity of the adjacent years before release and as of the moment (in case of handling proposals released papers are long term price of credit institutions).
-Graded results credit institutions in adjacent release year and the rate of profit after tax on equity as defined in paragraph 3, paragraph 4 Article 28 of this Regulation (in case of handling proposals issued convertible bonds, bonds with the certificate of the right of credit institutions).
b) in coordination with monetary policy review and specific comments about the approve or not approve the proposed release of long-term, valuable papers suggest issuing convertible bonds, bonds with the certificate of the right of the credit institution.
c) inspection, monitoring the release of valuable papers of credit institutions; Processed under the jurisdiction and petition the Governor of the State Bank to handle the cases of violation of the provisions of this regulation.
3. Service The Bank and non-bank credit organization) provides for monetary policy situation of the Organization, the activities of credit institutions.
b) in coordination with monetary policy review and specific comments about the approve or not approve the proposed release of long-term, valuable papers suggest issuing convertible bonds, bonds with the certificate of the right of the credit institution.
4. Foreign Exchange Management in coordination with monetary policy to review and comments on the handling of proposals released papers are long term price in foreign currency of credit institutions.
5. Service accounting-finance guide professional accounting account released papers are short term and long term price, professional released convertible bonds, bonds with the certificate of the right of the credit institution.
6. storage and release funds Bureau to advise credit institutions about the design templates and print valuable papers ensures high resistance to false when credit institutions suggest.
43 things. Handle violation of organizations and individuals violating the provisions of this regulation, depending on the nature and extent of the violation will be sanctioning administrative violations in the field of money and banking activities or being prejudice criminal liability./.