Collecting information documents and banking supervision data in Vietnam?
“Hello Lawyer, Can you tell me about the collection of information documents and bank supervision data? I would like to sincerely thank you for answering and helping me.”. Thank you for sending us your question. The collection of information documents and bank supervision data plays an extremely important role in the management of the banking business in Vietnam. According to the development of the times, the collection of all kinds of information documents and bank supervision data not only stops at paper documents but also digitizes into information forms; documents; Electronic data. So the question is how to collect information documents and banking supervision data in Vietnam. To better understand this, today, LSX Lawfirm will give you an article about “Collecting information documents and banking supervision data in Vietnam?“, as follows:
Legal grounds
- Circular 08/2022/TT-NHNN
Regulations on management and storage of banking information and data in Vietnam
According to the provisions of Article 6 of Circular 08/2022/TT-NHNN stipulating the management and storage of documents, information, and data as follows:
Documents, information, and data, after being aggregated and processed, must be stored and managed in service of banking inspection and supervision according to the following principles:
Then Documents, information, and data must be stored in a scientific and complete manner according to each file of each object of banking supervision and the whole system.
Documents, information, and data collected must be archived in accordance with current regulations on archiving.
The management, storage, and use of documents, information, and data containing information on the list of state secrets must comply with the law on the protection of state secrets.
The confidentiality of information, data of credit institutions and customer information shall comply with the provisions of law.
Collect information documents and bank supervision data
How do collect information documents and banking supervision data in Vietnam? According to the provisions of Article 6 of Circular 08/2022/TT-NHNN, stipulating the collection of documents, information, and data as follows:
– The unit performing macroprudential supervision collects documents, information, and data on the subject of banking supervision from the following sources:
Sources specified in Clause 1, Article 7 of Circular 08/2022/TT-NHNN;
Micro-safety supervision report, a dossier on handling measures in micro-safety supervision (except for people’s credit fund);
Based on the requirements of banking supervision, the unit performing macroprudential supervision shall request or submit to the competent authority to request the subject of banking supervision to provide documents, information, and data addition to documents. , information and data specified at Points a and b, Clause 1 of this Article.
The unit performing macro safety supervision shall synthesize and process documents, information, and data collected from the sources specified in Clause 1 of this Article and organize a database for monitoring activities. macro safety.
– When detecting documents, information, and data that are missing, error, wrong, or need clarification at the request of the macro safety supervision, the unit implementing the macro safety monitoring shall coordinate with the implementing unit. Currently, micro-safety monitoring is requested by the subject of supervision to report and explain.
In addition
According to the provisions of Article 14 of Circular 08/2022/TT-NHNN on collecting, summarizing, processing documents, information, and banking data as follows:
– The unit performing macroprudential supervision collects documents, information, and data on the subject of banking supervision from the following sources:
Sources specified in Clause 1, Article 7 of Circular 08/2022/TT-NHNN;
Micro-safety supervision report, the dossier on handling measures in micro-safety supervision (except for people’s credit fund);
Based on the requirements of banking supervision, the macro-prudential supervision unit shall request or submit to the competent authority to request the subject of banking supervision to provide documents, information, and data addition to documents. , information and data specified at Points a and b, Clause 1 of this Article then.
The unit performing macro safety supervision shall synthesize and process documents, information, and data collected from the sources specified in Clause 1 of this Article and organize a database for monitoring activities. macro safety.
– When detecting documents, information, or data that are missing, error, wrong, or need clarification at the request of the macro safety supervision, the unit implementing the macro safety monitoring shall coordinate with the implementing unit. Currently, micro-safety monitoring is requested by the subject of supervision to report and explain.
Thus, through the above regulation, we already know the answer to the question of how to collect information and data on banking supervision in Vietnam.
Handling general updates of information documents and banking data?
According to the provisions of Article 8 of Circular 08/2022/TT-NHNN on handling, updating, and synthesizing documents, information, and banking data as follows then:
– Based on the sources of documents, information, and data specified in Article 7 of this Circular, the micro-safety monitoring unit shall process and summarize as follows:
– For documents, information, and data that automatically updated from the State Bank’s electronic statistical reporting system, from the CIC into the information system supporting remote monitoring, the unit shall micro-safety supervision carried out in accordance with regulations on the statistical reporting regime of the State Bank and Regulation on administration, operation and use of information system software to support monitoring activities then. distant.
– For documents, information, and other data not specified in Clause 1 of this Article, the unit performing micro-safety monitoring shall do the following.
And
a) Reviewing the logic and reasonableness of information by comparing and contrasting collected documents, information, and data with historical data to detect unusual or illogical problems or illogical then;
b) Update necessary documents, information, and data into the information system to support remote monitoring as prescribed in the Regulation on administration, operation, and use of supporting information system software. remote monitoring activities issued by the Governor of the State Bank then.
– When detecting documents, information, or data that are missing, error, wrong or need to be clarified at the request of the micro-security supervision, the unit performing the micro-safety monitoring shall request or submit it to the competent authority. The right to request the subject of banking supervision to report and explain through the contact form with the subject of bank supervision is specified in Chapter IV of Circular 08/2022/TT-NHNN then.
– Based on the collected and processed information, the micro-safety monitoring unit shall implement the contents specified in Sections 2 and 3, Chapter II of Circular 08/2022/TT-NHNN then.
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Related questions
The State Bank shall carry out banking supervision over all activities of credit institutions and foreign bank branches. In necessary cases, the State Bank shall request competent state agencies to supervise or coordinate in supervising subsidiaries and affiliated companies of credit institutions.
– Firstly, Provide timely, complete, and accurate information and documents at the request of the Banking Inspection and Supervision Agency; take responsibility before law for the accuracy and truthfulness of the provided information and documents.
– Secondly, Report and explain recommendations, warnings on risks, and operational safety of the Banking Inspection and Supervision Agency.
– Thirdly, Implement recommendations, warnings on risks, and operational safety of the Banking Inspection and Supervision Agency.
– Collect, synthesize and process documents, information, and data according to banking supervision requirements.
– Review and monitor the compliance with regulations on the safety of banking operations and other provisions of the law on money and banking; the implementation of conclusions, recommendations, handling decisions on inspection and recommendations and warnings on banking supervision.
– Analyze and evaluate the financial situation, operation, administration, management, and risk level of the credit institution; annual ratings of credit institutions.
– Detect and warn of risks that cause unsafety to banking operations and the risk of leading to violations of monetary and banking laws.
– Proposing, proposing measures to prevent, prevent and handle risks and violations of the law.
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