{"id":4816,"date":"2023-04-24T17:08:38","date_gmt":"2023-04-24T10:08:38","guid":{"rendered":"https:\/\/whitelotuslogistics.com.vn\/?p=4816"},"modified":"2023-04-24T17:08:38","modified_gmt":"2023-04-24T10:08:38","slug":"1-thong-tu-03-2023-tt-nhnn-quy-dinh-ngung-hieu-luc-thi-hanh-khoan-11-dieu-4-thong-tu-16-2021-tt-nhnn-quy-dinh-viec-to-chuc-tin-dung-chi-nhanh-ngan-hang-nuoc-ngoai-mua-ban-trai-phieu-doanh-nghiep-do","status":"publish","type":"post","link":"https:\/\/whitelotuslogistics.com.vn\/en\/1-thong-tu-03-2023-tt-nhnn-quy-dinh-ngung-hieu-luc-thi-hanh-khoan-11-dieu-4-thong-tu-16-2021-tt-nhnn-quy-dinh-viec-to-chuc-tin-dung-chi-nhanh-ngan-hang-nuoc-ngoai-mua-ban-trai-phieu-doanh-nghiep-do\/","title":{"rendered":"1 Circular 03\/2023\/TT-NHNN stipulating the suspension of the implementation of Clause 11, Article 4 of Circular 16\/2021\/TT-NHNN regulating the purchase and sale of corporate bonds by credit institutions and foreign bank branches promulgated by the Governor of the State Bank of Vietnam"},"content":{"rendered":"\n\n\n\n
\n

STATE BANK
\nVIETNAM
\n——-<\/b><\/p>\n<\/td>\n

\n

SOCIALIST REPUBLIC OF VIETNAM
\nIndependence \u2013 Freedom \u2013 Happiness
\n—————<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

No: 03\/2023\/TT-NHNN<\/p>\n<\/td>\n

\n

Hanoi, April 23, 2023<\/i><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

CIRCULARS<\/b><\/p>\n

REGULATION TO CEASE IMPLEMENTATION CLAUSE 11 ARTICLE 4 CIRCULAR NO\u00a016\/2021\/TT-NHNN<\/a>\u00a0NOVEMBER 10, 2021 OF THE GOVERNOR OF THE STATE BANK OF VIETNAM REGULATIONS ON CREDIT INSTITUTIONS AND FOREIGN BANK BRANCHES BUYING AND SELLING CORPORATE BOND<\/p>\n

Pursuant to the Law on the State Bank of Vietnam dated June 16, 2010;<\/i><\/p>\n

Pursuant to the Law on Credit Institutions dated June 16, 2010; Law amending and supplementing a number of articles of the Law on Credit Institutions dated November 20, 2017;<\/i><\/p>\n

Based decree\u00a0102\/2022\/ND-CP<\/a>\u00a0December 12, 2022 of the Government regulating the functions, tasks, powers and organizational structure of the State Bank of Vietnam;<\/i><\/p>\n

At the request of the Director of the Monetary Policy Department;<\/i><\/p>\n

The Governor of the State Bank of Vietnam issued a Circular stipulating the suspension of the implementation of Clause 11, Article 4 of Circular No.\u00a016\/2021\/TT-NHNN<\/a>\u00a0November 10, 2021 of the Governor of the State Bank of Vietnam regulating the purchase and sale of corporate bonds by credit institutions and foreign bank branches (hereinafter referred to as Circular No. 16\/2021\/TT- SBV).<\/i><\/p>\n

Article 1.<\/b>\u00a0Stop taking effect from April 24, 2023 to December 31, 2023 for the provisions in Clause 11, Article 4 of Circular No.\u00a016\/2021\/TT-NHNN<\/a>\u00a0.<\/p>\n

During the period of suspension of implementation of Clause 11, Article 4 of Circular No\u00a016\/2021\/TT-NHNN<\/a>\u00a0According to the provisions of this Article, credit institutions and foreign bank branches (hereinafter referred to as credit institutions) are allowed to buy back corporate bonds that have not been listed on the stock market or have not been registered for trading on the stock market. Upcom trading system (hereinafter referred to as unlisted corporate bonds) that credit institutions have sold and\/or unlisted corporate bonds issued in the same lot\/same issuance as corporate bonds unlisted but sold by a credit institution when:<\/p>\n

a) Meets the regulations in Article 4 of Circular No\u00a016\/2021\/TT-NHNN<\/a>\u00a0;<\/p>\n

b) The party buying this corporate bond from a credit institution pays the entire amount of the purchase of corporate bonds at the time the credit institution signs the contract to sell corporate bonds to the bond purchaser;<\/p>\n

c) The enterprise issuing bonds is rated at the highest level according to the credit institution's internal credit rating regulations at the most recent time before the credit institution purchases corporate bonds.<\/p>\n

Article 2. Implementation provisions<\/b><\/p>\n

This Circular takes effect from April 24, 2023.<\/p>\n

Article 3. Responsibility for implementation<\/b><\/p>\n

Chief of Office, Director of Monetary Policy Department, Heads of units under the State Bank of Vietnam, Directors of State Bank branches in provinces and centrally-run cities, and credit institutions are responsible for responsible for organizing the implementation of this Circular.\/.<\/p>\n

 <\/p>\n\n\n\n

\nRecipients:
\n<\/i><\/b>\u2013 As Article 3;
\n\u2013 SBV Board of Directors;
\n- Goverment office;
\n\u2013 Ministry of Justice (for inspection);
\n- Announcement;
\n\u2013 Electronic information portal of the State Bank;
\n\u2013 Filed: VT, PC, Department of Monetary Policy.<\/td>\n		\n

KT. GOVERNOR
\nDEPUTY GOVERNOR<\/p>\n

Pham Thanh Ha<\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>","protected":false},"excerpt":{"rendered":"

NG\u00c2N H\u00c0NG NH\u00c0 N\u01af\u1edaC VI\u1ec6T NAM ——- C\u1ed8NG H\u00d2A X\u00c3 H\u1ed8I CH\u1ee6 NGH\u0128A VI\u1ec6T NAM \u0110\u1ed9c l\u1eadp – T\u1ef1 do – H\u1ea1nh ph\u00fac ————— S\u1ed1: 03\/2023\/TT-NHNN H\u00e0 N\u1ed9i, ng\u00e0y 23 th\u00e1ng 4 n\u0103m 2023   TH\u00d4NG T\u01af QUY \u0110\u1ecaNH NG\u01afNG HI\u1ec6U L\u1ef0C THI H\u00c0NH KHO\u1ea2N 11 \u0110I\u1ec0U 4 TH\u00d4NG T\u01af S\u1ed0\u00a016\/2021\/TT-NHNN\u00a0NG\u00c0Y 10 TH\u00c1NG 11 N\u0102M …<\/p>\n

1 Circular 03\/2023\/TT-NHNN stipulating the suspension of the implementation of Clause 11, Article 4 of Circular 16\/2021\/TT-NHNN regulating the purchase and sale of corporate bonds by credit institutions and foreign bank branches promulgated by the Governor of the State Bank of Vietnam<\/span> Read More \u00bb<\/a><\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[167],"tags":[],"class_list":["post-4816","post","type-post","status-publish","format-standard","hentry","category-van-ban-luat"],"_links":{"self":[{"href":"https:\/\/whitelotuslogistics.com.vn\/en\/wp-json\/wp\/v2\/posts\/4816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/whitelotuslogistics.com.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/whitelotuslogistics.com.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/whitelotuslogistics.com.vn\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/whitelotuslogistics.com.vn\/en\/wp-json\/wp\/v2\/comments?post=4816"}],"version-history":[{"count":1,"href":"https:\/\/whitelotuslogistics.com.vn\/en\/wp-json\/wp\/v2\/posts\/4816\/revisions"}],"predecessor-version":[{"id":4817,"href":"https:\/\/whitelotuslogistics.com.vn\/en\/wp-json\/wp\/v2\/posts\/4816\/revisions\/4817"}],"wp:attachment":[{"href":"https:\/\/whitelotuslogistics.com.vn\/en\/wp-json\/wp\/v2\/media?parent=4816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/whitelotuslogistics.com.vn\/en\/wp-json\/wp\/v2\/categories?post=4816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/whitelotuslogistics.com.vn\/en\/wp-json\/wp\/v2\/tags?post=4816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}