Act 2024
Luật Các tổ chức tín dụng số 32/2024/QH15 (Law No. 32/2024/QH15 on Credit Institutions)
Issued by State Bank of Vietnam (Ngân hàng Nhà nước Việt Nam)
Effective: 1 Jul 2024
Plain-English summary
Governs the licensing and operation of credit institutions and foreign bank branches. Article 14 requires information-system safety, data security and business continuity, and Article 34(2)(d) makes a suitable IT system a condition for opening for business. The consolidated text (158/VBHN-VPQH) incorporates Laws 43/2024/QH15 and 96/2025/QH15.
Who it applies to
Banking · NBFC / Non-bank Lending
Topics
Prudential & Capital Cybersecurity & IT Risk Operational Risk & Outsourcing
Obligations arising from this law or regulation
| Obligation | Timing | Regulator | Source | Detail |
|---|---|---|---|---|
| Information-system safety and business continuity for credit institutions | Ongoing | SBV | source | |
Art. 14 requires credit institutions and foreign bank branches to ensure information-system safety, data security and continuous operations, with details left to the Governor of the State Bank and other law. Art. 34(2)(d) makes a suitable IT system a licensing condition. |
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| No obligations match these filters. | ||||
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