On 18 January 2024, Vietnam’s new Law on Credit Institutions was passed (the “New Law”) by the National Assembly. The New Law notably includes a number of provisions around the governance of banks, as well as early intervention from the State Bank of Vietnam (the “SBV”) and other...
The Draft Law proposes various changes to the current Law on Credit Institutions, such as amendments to the governance and operation of credit institutions, limitation on ownership in credit institutions, and credit extensions, etc. In particular, the areas that have attracted the most attention from...
02 issues that enterprises that are not credit institutions need to pay attention to when lending idle money to other enterprises Blog Currently, some enterprises that are not credit institutions (“Non-credit-institution enterprises”, “enterprise”) in Vietnam engage in lending idle money to othe...
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The Luxembourg Parliament has adopted on 12 July 2024 the draft bill 8185 (the “NPL Law”) which transposes Directive (EU) 2021/2167 of the European Parliament and of the Council of 24 November 2021 on credit managers and credit purchasers (the “Directive”) into Luxembourg law. ...
Vietnam: New draft on Law on Credit Institutions Regulation Vietnam legal framework digital bank time: 2024-01-25 11:37:30 views: 23271 Egypt to introduce income tax laws for societal dialogue: minister of finance tax law BRI Egypt time: 2024-01-16 13:46:30 views: 23815 The...
According to the SEC’s order, the KT Corporation failed to maintain adequate internal controls to prevent bribery associated with charitable donations, third-party payments, executive bonuses, and gift card purchases for the benefit of government officials in South Korea and Vietnam (SEC, 2022). ...
Dr. Pollawat Suppattarasaet, IP Partner at ILAWASIA CO., LTD., has achieved notable recognition as one of the Top 50 Thailand IP Experts for the year 2024. ILAWASIA Co., Ltd. recognized as one of the Fastest Growing Firms of 2024 by Asian Legal Business (ALB). This prestigious reco...
Special Alert | Vietnam’s Data Law: Key Insights From The Draft Implementation Decree. Following the promulgation of the Data Law, which is set to take effect on July 1, 2025, the Vietnamese Government has recently released several draft documents guiding its implementation. These documents cov...
30 April Decision 55-2009-Qd-Ttg - New Regulations on Foreign Ownership of Vietnamese Companies 22 April The Turner Review and Discussion Paper - a Regulatory Response to the Global Banking Crisis 23 March Chinas Ministry of Commerce Rejects Coca-Colas Bid to Acquire China Huiyuan Juice Group ...