Decision No. 37/2006/QD-NHNN Issuing the Internal Audit Regulation for Credit Institutions

Pursuant to …;

Issuing the Internal Audit Regulations for Credit Institutions

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GOVERNOR OF THE STATE BANK OF VIETNAM

Based on the Law on the State Bank of Vietnam 1997, and the Law Amending and Supplementing Certain Provisions of the Law on the State Bank of Vietnam 2003;

Based on the Law on Credit Organizations 1997, and the Law Amending and Supplementing Certain Provisions of the Law on Credit Organizations 2004;

Pursuant to Decree No. 52/2003/ND-CP dated May 19, 2003, issued by the Government, detailing the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

At the proposal of the Director of the Department of Banks and Non-Bank Credit Institutions,

DECISION:

Article 1. Attached to this Decision are the "Internal Audit Regulations for Credit Institutions"

Article 2. This Decision shall take effect fifteen days from the date of publication in the Official Gazette and shall replace Decision No. 03/1998/QĐ-NHNN3 dated January 3, 1998 issued by the Governor of the State Bank of Vietnam on "Regulations on Internal Inspection and Audit of Credit Institutions".

Article 3. The Heads of the Office, the Directors of the Department of Banks and Non-Bank Credit Institutions, the Heads of relevant units under the State Bank of Vietnam, the Governors of the State Bank Branches in provinces and centrally-administered cities, and the Chairmen of the Boards of Management, General Directors (Directors) of credit institutions are responsible for implementing this Decision./.

DIRECTOR
DEPUTY DIRECTOR

          (Signed)


Dang Thanh Binh