On December 30, 2021, the Government issued Decree 128/2021/ND-CP supplementing, amending certain articles of Decree 156/2020/ND-CP prescribing penalties for administrative violations against regulations on securities and securities market. This Decree has been effective since January 1, 2022.

On December 31, 2021, the State Bank issued Circular 23/2021/TT-NHNN supplementing, amending certain articles of Circular 52/2018/TT-NHNN prescribing credit rating of credit institutions and foreign bank branches. This Circular shall be effective on February 15, 2022.

View full details of the Circular and Decree: https://vbma.org.vn/en/regulatory-framework/legal-documents