On Dec. 9, VIE CB issued circular re bank shareholder ownership.
VIE CB issued circular on commercial bank shareholder ownership compliance rules.
Requirements Overview
Establishes compliance roadmap for commercial banks where shareholders and related parties exceed ownership limits; references ownership thresholds under article 55 of the Credit institutions law 47/2010/QH12, as amended by Law 17/2017/QH14.
Requires alignment with certain new Credit institutions law 32/2024/QH15 provisions.
