📋 Tender Overview
The State Bank of Vietnam is drafting the Law on Deposit Insurance (amended). The State Bank of Vietnam is drafting the Law on Deposit Insurance (amended) of the State Bank of Vietnam said that the 12 -year process of implementing the Law on Deposit Insurance (BHTG) and the guiding documents also arise some difficulties and problems that need to be resolved to further improve the role of the Investment Organization, so that the policies of insurance policies can really contribute to the stability of the credit institutions). The safe and healthy development of banking activities, such as: (i) The rights and obligations of the organization participating in the insurance insurance, the insurance organization should be amended and supplemented to suit the relevant legal documents and the implementation practice and synchronously with other legal documents, better protect the rights and legitimate interests of depositors. The insurance payment limit (the maximum amount of insurance organization paid for 01 customer at 01 an organization participating in the insurance insurance when the organization participating in the Bankruptcy Bankruptcy) is VND 125 million. With this limit, the ratio of the full deposit balance per total deposit balance in Vietnam has only reached 8.38%, much lower than the global average of 47%; The percentage of depositors fully insured/total number of insured deposits of the whole system is 92.43%. However, if the amount of depositors with a balance of 1-50,000 VND (usually the inactive payment account balance), this ratio is only 87.89%, lower than being recommended by IADI is 90-95%. system. The organization of insurance can only pay deposits after the credit institution has decided to bankruptcy will not guarantee the role of Vietnam insurance in stabilizing the psychology of depositors, preventing the risk of breaking, protecting the best of depositors. Deposit insurance is the guarantee of deposit payment to the deposit insurer within the insurance payment limit when organizing the deposit insurance in the loss of the loss of deposit payment to the depositor or bankruptcy. Besides, on January 18, 2024, the National Assembly passed the Law on Credit Institutions. The Law on Credit Institutions in 2024 amended and supplemented a number of regulations on rights and obligations of Vietnamese insurance participation in the early intervention process and special control of credit institutions. However, some contents of the law of credit institutions do not specify in detail but refer to the law on insurance. This sets the requirements of amending and supplementing the Law on Insurance to agree with the provisions of the Law on Credit Institutions and have the basis for the Vietnam Php effectively to effectively implement the assigned tasks, contributing to the maintenance of the stability of the system of credit institutions. According to the State Bank, the construction of the Law on Insurance (amended) in order to handle difficulties and obstacles in the uniformity of money insurance, to ensure the law of the law, to ensure the law of the law, to assure the law of the law, to ensure the law of the law, to ensure the law of the law, to ensure the law of the law, to ensure the law of the law, to ensure the law of the law, to ensure the law of the law, to ensure the law of the law sufficient and clear to organize the insurance insurance to improve financial capacity and more deeply participate in the process of restructuring credit institutions, thereby better protecting the rights of depositors, ensuring the maintenance of the stability of the CI system, security and social safety according to the orientation in the development strategy of BHTG to 2025, orientation to 2030 has been approved by competent authorities. In addition to the general regulations, the draft proposes specific provisions on the rights and obligations of the person being paid by the insurance insurance, the organization participates in the pH, organized the insurance insurance; BHTG activities; Organization of BHTG; Information and reporting activities; Inspection and complaint about BHTG; participating in handling credit institutions are intervened early, special control; Participate in handling incidents, crisis ... The contents of amendments, supplements and removal of the draft law proposes to amend the regulations on rights and obligations of the organization to participate in BHTG, Organization of BHTG, on the certificate of participation in the insurance insurance, the insurance deposits, the insurance fee, the time of incurring the obligation to pay insurance money, the period of insurance payment, the payment limit for the insurance capital, the financial capital, the financial and financial source of the Source Accounting, accounting and auditing of the BHTG Organization, the draft law also proposed additional regulations on the state management responsibility for the Ministry of Finance of the Ministry of Finance, on the management and investment of state capital at the insurance organization, special loans, support for deposit payment for depositors, principles of special loans, participating in incidents, crisis in the operation of the Corps, the Corps of the Corps, the provision of the Corps. whether in the application for certification to participate in the insurance insurance; Removing regulations on the fiscal year of the BHTP, omitting the insured deposit regulations including votes and bills.Cancer amended, supplemented and removed in the draft Law on the contents of the 05 policies of the Law on Insurance (amended) has been approved by the Government in Resolution No. 191/NQ-CP, including: (i) Completing the financial mechanism to improve the efficiency and financial capacity for the deposit insurance organization; (ii) Completing the regulations on rights and obligations of the BTTG Organization; (iii) Completing the law for the Vietnam PH to participate in the process of rest
