On Jun. 26, VIE CB drafted circular re management, implementation.
VIE CB drafted circular outlining regulations on managing and implementing scientific and technological tasks, applies to units within the VIE CB, related parties managing and implementing science and technology tasks funded by the State or the bank.
Key Points
Clarifies terms such as independent consultant, scientific and technological tasks, direct assignment, and different types of advisory boards involved in these tasks.
Distinguishes between national-level and institutional-level science and technology tasks, each with different requirements and implications for the banking sector.
Outlines task assignment methods like direct assignment and selection, based on task urgency and specifics; includes special rules for tasks involving state secrets.
Focuses on unified management, fostering autonomy, creativity, ensuring compliance.
Details online management protocols through a dedicated portal, including roles and responsibilities for updating and managing task information online.
Effectiveness
Consultation is open for public opinions, but consultation end date is not specified.
Aug. 2024 Promulgation
On Aug. 30, 2024, VIE CB said circular 45/2024/TT-NHNN was issued, outlining the management and implementation of scientific and technological tasks within VIE CB.
Consists of 5 chapters, 46 articles, providing guidance on managing, executing tasks.
Establishes a consultative council for reviewing scientific and technological proposals.
Introduces new regulations for changes in task leadership, members; clarified responsibilities of VIE CB units to ensure compliance, resolve implementation issues.
The circular will come into effect on Oct. 16, 2024 and replaces cir 37/2015/TT-NHNN.
Document dated Aug. 30, 2024, received from VIE CB Sep. 9, summarized on Sep. 11.
