The Government assigns the State Bank of Vietnam to maintain the formulation of Decree on testing mechanisms with controlling financial technology activities (Fintech) in the banking sector. The time limit for the Government is in the fourth quarter of this year. On September 6, the Government issued a Resolution 100 on the approval of the proposal to develop a decree on testing mechanisms with controlling financial technology activities ( FINTECH) In the banking sector, this resolution is provided by the Government on the basis of considering the proposal of the State Bank of Vietnam and the voting results of the Government members. FinTech operation control The banking sector will be submitted by the State Bank in the fourth quarter of the IV / 2021. (Artwork: Sbv
.gov.vn) Along with the adoption of the proposal to develop a decree on testing mechanisms with FINTECH operation control in the banking sector, the Government assigns the State Bank of Vietnam , Coordinating with the concerned ministries and agencies to fully acquire the opinions of the Government members in the process of developing the Decree. Developing this Decree, at the request of the Government, must ensure the right The provisions of the Law on Promulgating legal documents (amending and supplementing in 2020) and relevant legal documents
According to experts, Fintech is the result of a digital conversion process for the financial industry. It is the future and will be the future of this industry, and plays a very important role in the number of economy. In the Vietnamese banking development strategy to 2025, orientation to 2030 is approved In 2019, the State Bank of Vietnam also identified the specific objectives of the entire banking sector to successfully implement a plan to transfer unitigured industry arguments Legal suffering of complete step-by-step legal and high-quality human resources to meet the application of key technologies of industrial revolution 4.0. At the same time, ensure the security, security and continuous operation of important information systems in governance, administration and provision of banking services. Public legal framework for technology activities It is identified as one of the important solutions tasks of the Vietnam Banking Industry Development Strategy to 2025, orientation to 2030. According to 2025, to complete the research and construction The legal department for the application of key technologies of industrial revolution 4.0 into the activities of the State Bank and credit institutions, facilitating conversion to e-government models at home banks Number of countries and banking models for credit institutions, including: e-government architecture framework of the State Bank; identification mechanism (ID) and electronic authentication (e-kyc); Control testing mechanism for new technologies ..
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