Vietnam: Circular regulating provision of payment intermediary services (No.40/2024/TT-NHNN)
Progress
Current status
adopted
17 Jul 2024 adopted
Scope
Implementers
Vietnam
Policy Area
Consumer protection
Policy Instrument
User identification requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Circular regulating provision of payment intermediary services entered into force
On 17 July 2024, the circular regulating the provision of payment intermediary services entered into force. The circular establishes customer identification requirements for electronic wallet service providers, mandating the collection of identifica…
Event type
order
Action type
adoption
Government branch
executive
Government body
central bank