Decision temporarily suspends the implementation of Government Decree No. 18/CP of 1997 on Administrative Sanctions in the Banking Sector, effective from the date of signing.
Key points
- Temporarily suspend the implementation of Government Decree No. 18/CP dated February 24, 1997 of the Government on Administrative Sanctions in the Banking Sector
- Decision takes effect from the date of signing
🌐 Social impact of this document
- Due to the temporary suspension of the implementation of the Decree, organizations and individuals operating in the banking sector will not be subject to administrative sanctions under the previous regulations during this period.
- Legal uncertainty may arise for the parties involved if there is no replacement guidance.
❓ Frequently asked questions
When is the temporary suspension of the implementation of Government Decree No. 18/CP of 1997 on Administrative Sanctions in the Banking Sector?
Government Decree No. 18/CP of 1997 on Administrative Sanctions in the Banking Sector is temporarily suspended from the date Decision No. 746/TTg takes effect.
What is the duration of the temporary suspension of the implementation of Government Decree No. 18/CP of 1997?
The duration of the temporary suspension is not specified in the Decision, therefore the specific time frame is not determined.
Who is responsible for implementing this Decision?
Ministers, Heads of ministerial-level agencies, Heads of government-affiliated agencies, Chairpersons of provincial People's Committees, and municipal People's Committees directly under the Central Government are responsible for implementing the Decision.
How does Government Decree No. 18/CP of 1997 on Administrative Sanctions in the Banking Sector stipulate?
Specific content of Government Decree No. 18/CP of 1997 is not mentioned in the Decision on temporary suspension of implementation, thus it cannot be answered.
When does this Decision take effect?
Decision takes effect from the date of signing.
Full text
Pursuant to …;
Regarding the suspension of the implementation of Government Decree No. 18/CP dated February 24, 1997 on administrative violations in the banking sector
PRIME MINISTER
Pursuant to the Government Organization Law dated September 30, 1992;
Considering the proposal of the Governor of the State Bank of Vietnam,
Pursuant to …;
Article 1. Suspend the implementation of Government Decree No. 18/CP dated February 24, 1997 on administrative violations in the banking sector.
Article 2. This Decision takes effect from the date of signing. The Ministers, Heads of ministerial-level agencies, Heads of government-affiliated agencies, Chairpersons of provincial and centrally governed city People's Committees shall be responsible for implementing this Decision.
Phan Van Khai
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