Circular No. 125/2018/TT-BTC on the issuance of insurance agency certificates

Pursuant to …;

REGARDING THE ANNOUNCEMENT OF NEW ADMINISTRATIVE PROCEDURES IN THE INSURANCE FIELD WITHIN THE SCOPE OF THE MINISTRY OF FINANCE'S MANAGEMENT FUNCTIONS

THE MINISTER OF FINANCE

Pursuant to Decree No. 87/2017/NĐ-CP dated July 26, 2017, issued by the Government, stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

Pursuant to Decree No. 63/2010/NĐ-CP dated June 8, 2010 of the Government on administrative procedure control; Decree No. 92/2017/NĐ-CP dated August 7, 2018 of the Government amending and supplementing certain articles of related decrees concerning administrative procedure control; relating to administrative procedure control;The Insurance Management and Supervision Department,

Pursuant to Circular No. 125/2018/TT-BTC dated December 24, 2018 of the Minister of Finance stipulating the issuance of insurance agency certificates;

Upon the proposal of the Insurance Supervision and Management Department, trconcerning the classification and determination of state management authority in the field of crop productioninThe Insurance Management and Supervision Department shall perform the task of entering and publishing administrative procedure data in accordance with the regulations.

DECISION:

Article 1. Annexed hereto are three new administrative procedures in the insurance field within the scope of the Ministry of Finance's management functions, including: Three new administrative procedures (Annex attached).

Article 2. This Decision takes effect from the date of signature. The Insurance Supervision and Management Department shall implement the data entry and publication of administrative procedures in accordance with regulations.inHead of the Office, Department of Legal Affairs of the Ministry, Heads of the Insurance Management and Supervision Department, the Department of Information Technology and Financial Statistics, and Heads of related units shall be responsible for

Article 3. PART 1. LIST OF ADMINISTRATIVE PROCEDURESinimplementing administrative procedures:inare the appendices of examination results accompanied by the Decision approving the examination results for insurance agents' certificates.|||Report on the examination results for insurance agents' certificates (Appendix 2, Circular No. 125/2018/TT-BTC dated December 24, 2018 of the Ministry of Finance)The heads of the Legal Department of the Ministry, the Insurance Supervision and Management Department, the Department of Information Technology and Financial Statistics, and other relevant units are responsible for implementing this Decision./.

NEW ADMINISTRATIVE PROCEDURES IN THE INSURANCE FIELD WITHIN THE SCOPE OF THE MINISTRY OF FINANCE'S MANAGEMENT FUNCTIONS

(Annexed to Decision No. 390/QĐ-BTC dated March 20, 2019)9PART 1. LIST OF ADMINISTRATIVE PROCEDURES19 of the Minister of Finance)

+ For written examinations organized at training institutions' examination venues, within five days from the date of the examination, the training institution shall conduct grading and report the grading results through the Examination Management System for insurance agents' certificates.

1. List of new administrative procedures within the scope of the Ministry of Finance's management functions

PHAII. SPECIFIC CONTENT OF EACH ADMINISTRATIVE PROCEDURE WITHIN THE SCOPE OF THE MINISTRY OF FINANCE'S MANAGEMENT FUNCTIONS

A. Central-level Administrative Procedures

I. Insurance Field

Procedure 1. Examination Plan for Insurance Agency Certificates

1. Procedure:itself a) Report to the Ministry of Natural Resources and Environment on the results of training and upgrading, including listing the teaching staff participating in teaching, evaluating the participation of trainees in the training process, the results of organizing examinations for completing the training and upgrading program on land valuation business, the issuance of Certificates and the use of Certificate codes, summarizing the feedback from trainees on the quality of the training and upgrading program on land valuation business, and other relevant matters.

+ Insurance agency training institutions register examination plans for the Ministry of Finance (Insurance Supervision and Management Department). Time: before the 25th of each month (for initial plans) or five working days before the examination date (for supplementary plans). Place: at the insurance agency training institution;

+ The Ministry of Finance (Insurance Supervision and Management Department) reviews and develops examination organization plans;

+ The Ministry of Finance (Insurance Supervision and Management Department) issues a notification of the examination organization plan to the insurance agency training institution before the first day of the following month (for initial plans) or two working days before the examination date (for supplementary plans).

2. Method of Implementation:

+ Submission via the Internet

+ Direct submission or via postal service

3. Components and Quantity of Documents:

+ Components of the documents: Registration document for the examination plan for insurance agency certificates (month... year...) of the insurance agency training institution (with an appendix listing the examination periods)

+ Quantity of documents: 01 set

4. Time limit for processing: before the first day of the following month (for initial plans) or two working days before the examination date (for supplementary plans)

5. Subjects Implementing the Administrative Procedure: Insurance agency training institutions (Insurance companies, foreign branches)

6. Authority Resolving the Administrative Procedure: The Ministry of Finance (Insurance Supervision and Management Department)

7. Results of Implementing the Administrative Procedure:

1. Notification of the examination plan for insurance agency certificates issued by the Ministry of Finance (Insurance Supervision and Management Department)

8. Fees and Charges: Primary market:

9. Names of Administrative Forms and Declarations: Registration document for the examination plan for insurance agency certificates month... year... (Annex 1, Circular 125/2018/TT-BTC)

10. Requirements for Implementing the Administrative Procedure:ệ+ Graders shall grade the examinations strictly according to the provided answers.

+ Insurance agency training institutions must notify the Insurance Supervision and Management Department of the contact information of the person designated as the main point of contact for the examination and issuance of insurance agency certificates.

+ Before the 25th of each month, insurance agency training institutions must register the examination plan for the following month (for initial plans); insurance agency training institutions must register supplementary plans five working days before the examination date.g11. Legal Basis:

+ Law on Insurance Business No. 24/2000/QH10 dated December 9, 2000;

+ Law Amending and Supplementing Certain Articles of the Law on Insurance Business No. 61/2010/QH12 dated October 24, 2010

+ Decree No. 73/2016/NĐ-CP dated July 1, 2016 of the Government detailing the implementation of the Law on Insurance Business and the Law Amending and Supplementing Certain Articles of the Law on Insurance Business;

+ Circular No. 50/2017/TT-BTC dated May 15, 2017 guiding the implementation of Decree No. 73/2016/NĐ-CP dated July 1, 2016 of the Government detailing the implementation of the Law on Insurance Business and the Law Amending and Supplementing Certain Articles of the Law on Insurance Business;

+ Circular No. 125/2018/TT-BTC dated December 24, 2018 stipulating the issuance of insurance agency certificatesn l12. Model of Results of Implementing the Administrative Procedure:

Procedure 2. Report on Examination Results of Insurance Agency Certificates

Implementation:FUNCTIONS, DUTIES, POWERS, ORGANIZATIONAL STRUCTURE, OPERATIONAL REGULATIONS, AND RELATIONSHIPS OF MANAGEMENT BOARDS; DUTIES, POWERS OF THE CHAIRPERSON, VICE CHAIRPERSON (IF ANY), SECRETARY, AND MEMBERS OF MANAGEMENT BOARDS+ For written examinations organized at the training institution's examination centers, after the completion of the insurance agency certificate examination, the training institution grades the examination and reports the results to the Examination Information Management System. hold,

+ The Ministry of Finance (Insurance Supervision and Management Department) bases its decision to approve the examination results on the report of the examination grading.

1. Procedure:itself + Submitting the report (grading results) through the Internet (for written examinations organized at the training institution's examination centers)

1. Grading report (for written examinations organized at the training institution's examination centers)No.Three working days from the date of receiving the examination results report on the Examination Information Management System.

Insurance agency training institutions that organize written examinations at their examination centers.n l7. Results of Implementing the Administrative Procedure:

2. Method of Implementation:

Are the appendices of the examination results accompanied by the Decision approving the examination results of insurance agency certificates.

3. Components and Quantity of Documents:

+ Components of the documents:

Report on Examination Results of Insurance Agency Certificates (Annex 2, Circular 125/2018/TT-BTC dated December 24, 2018 of the Ministry of Finance)

+ Quantity of documents: 01 set

4. Time limit for processing: + For written examinations organized at the training institution's examination centers, within five days from the examination date, the training institution must grade the examination and report the results to the Examination Information Management System.

5. Subjects Implementing the Administrative Procedure: + Examiners must grade the examination strictly according to the provided answers.

6. Authority Resolving the Administrative Procedure: Insurance Management and Supervision Department - Ministry of Finance

+ An examination is considered passed when it achieves at least 75% of the total points of the examination. + A test is considered passed when it achieves at least 75% of the total score of the test.

8. Fees and Charges: Primary market:

9. Names of Administrative Forms and Declarations: Application for re-grading of insurance agents' certificate examination papers (Appendix 3 of Circular No. 125/2018/TT-BTC dated December 24, 2018 of the Ministry of Finance)

10. Requirements for Implementing the Administrative Procedure:ệ+ Graders shall grade the examinations strictly according to the provided answers.

10. Requirements, conditions

Candidates may apply for re-grading of insurance agents' certificate examination papers within twenty days

from the date the Ministry of Finance (Insurance Management and Supervision Department)

11. Legal basis for administrative procedures:

+ Law on Insurance Business No. 24/2000/QH10 dated December 9, 2000;No. + Circular No. 50/2017/TT-BTC dated May 15, 2017 guiding the implementation of Decree No. 73/2016/NĐ-CP dated July 1, 2016 of the Government detailing the implementation of the Law on Insurance Business and the Law Amending and Supplementing Certain Provisions of the Law on Insurance Business;

+ Decree No. 73/2016/NĐ-CP dated July 1, 2016 of the Government detailing the implementation of the Law on Insurance Business and the Law Amending and Supplementing Certain Articles of the Law on Insurance Business;

+ Circular No. 50/2017/TT-BTC dated May 15, 2017 guiding the implementation of Decree No. 73/2016/NĐ-CP dated July 1, 2016 of the Government detailing the implementation of the Law on Insurance Business and the Law Amending and Supplementing Certain Articles of the Law on Insurance Business;

Procedure 3. Review and handling of review results

Procedure 2. Report on Examination Results of Insurance Agency Certificates

Implementation:FUNCTIONS, DUTIES, POWERS, ORGANIZATIONAL STRUCTURE, OPERATIONAL REGULATIONS, AND RELATIONSHIPS OF MANAGEMENT BOARDS; DUTIES, POWERS OF THE CHAIRPERSON, VICE CHAIRPERSON (IF ANY), SECRETARY, AND MEMBERS OF MANAGEMENT BOARDS+ For written examinations organized at the training institution's examination centers, after the completion of the insurance agency certificate examination, the training institution grades the examination and reports the results to the Examination Information Management System. hold,

+ Within twenty days from the date the Ministry of Finance issues a decision to approve the examination certificate agency insurance results, candidates for the agency insurance examination submit their application to the Ministry of Finance;

1. Procedure:itself a) Report to the Ministry of Natural Resources and Environment on the results of training and upgrading, including listing the teaching staff participating in teaching, evaluating the participation of trainees in the training process, the results of organizing examinations for completing the training and upgrading program on land valuation business, the issuance of Certificates and the use of Certificate codes, summarizing the feedback from trainees on the quality of the training and upgrading program on land valuation business, and other relevant matters.

+ The Ministry of Finance reviews and conducts the review marking;

+ Within five working days, the Ministry of Finance sends a written response regarding the review results to the candidate;

+ The Ministry of Finance sends a written adjustment of the examination results (if any) to the insurance agency training institution.

2. Method of Implementation:

+ Submitting the application directly;ứ+ Or sending it through postal service;

1. Application for review marking of the agency insurance examination results of the candidate.

Five working days from the date of receipt of the application for review marking of the agency insurance examination results of the candidate.

3. Components and Quantity of Documents:

+ Components of the documents:

Candidates for the agency insurance examination, insurance agency training institutions.

+ Quantity of documents: 01 set

4. Time limit for processing: 1. Notification of the review marking results issued by the Ministry of Finance (Insurance Supervision Department) sent to the candidate.N ||| declaration of customs import procedures. 2. Written adjustment of the examination results of the agency insurance examination issued by the Ministry of Finance (Insurance Supervision Department) sent to the insurance agency training institution. trApplication for review marking of the agency insurance examination (Annex 3 of Circular No. 125/2018/TT-BTC dated December 24, 2018 of the Ministry of Finance).

5. Subjects Implementing the Administrative Procedure: 10. Requirements, Conditions:developmentCandidates must submit an application for review marking of the agency insurance examination within twenty days from the date the Ministry of Finance (Insurance Supervision Department) approves the examination results of the agency insurance examination.

6. Authority Resolving the Administrative Procedure: + Law Amending and Supplementing Certain Provisions of the Law on Insurance Business No. 61/2010/QH12 dated October 24, 2010;developmentm)

7. Results of Implementing the Administrative Procedure:

+ Decree No. 73/2016/NĐ-CP dated July 1, 2016 of the Government detailing the implementation of the Law on Insurance Business and the Law Amending and Supplementing Certain Provisions of the Law on Insurance Business;

+ Circular No. 50/2017/TT-BTC dated May 15, 2017 guiding the implementation of Decree No. 73/2016/NĐ-CP dated July 1, 2016 of the Government detailing the implementation of the Law on Insurance Business and the Law Amending and Supplementing Certain Provisions of the Law on Insurance Business;

8. Fees and Charges: Primary market:

9. Names of Administrative Forms and Declarations: approves the examination results for insurance agents' certificates.

+ Law amending and supplementing certain articles of the Insurance Business Law

No. 61/2010/QH12 dated October 24, 2010development + Decree No. 73/2016/NĐ-CP dated July 1, 2016 of the Government detailing the implementation of the Insurance Business Law and the Law amending and supplementing certain articles of the Insurance Business Law;development+ Circular No. 50/2017/TT-BTC dated May 15, 2017 guiding the implementation of Decree No. 73/2016/NĐ-CP dated July 1, 2016 of the Government detailing the implementation of the Insurance Business Law and the Law amending and supplementing certain articles of the Insurance Business Law;

+ Law on Insurance Business No. 24/2000/QH10 dated December 9, 2000;

+ Law Amending and Supplementing Certain Articles of the Law on Insurance Business No. 61/2010/QH12 dated October 24, 2010

Law amending and supplementing certain Articles of the Insurance Business LawNo. 61/2010/QH12 dated October 24, 2010

Decree No. 73/2016/NĐ-CP issued on July 1, 2016 of the Government detailing and guiding the implementation of the Insurance Business Law and the Law amending and supplementing certain Articles of the Insurance Business Law;gDecree No. 73/2016/NĐ-CP issued on July 1, 2016 of the Government detailing and guiding the implementation of the Insurance Business Law and the Law amending and supplementing certain Articles of the Insurance Business Law;

Circular No. 50/2017/TT-BTC dated May 15, 2017 guiding the implementation of Decree No. 73/2016/NĐ-CP dated July 1, 2016 of the Government detailing and guiding the implementation of the Insurance Business Law and the Law amending and supplementing certain Articles of the Insurance Business Law;councillORSguiding the implementation of the Insurance Business Law and the Law amending and supplementing certain Articles of the Insurance Business Law;

Procedure 2. Report on Examination Results of Insurance Agency Certificates

Implementation:FUNCTIONS, DUTIES, POWERS, ORGANIZATIONAL STRUCTURE, OPERATIONAL REGULATIONS, AND RELATIONSHIPS OF MANAGEMENT BOARDS; DUTIES, POWERS OF THE CHAIRPERSON, VICE CHAIRPERSON (IF ANY), SECRETARY, AND MEMBERS OF MANAGEMENT BOARDS+ For written examinations organized at the training institution's examination centers, after the completion of the insurance agency certificate examination, the training institution grades the examination and reports the results to the Examination Information Management System. hold,