NA President urges safeguards against turning corporate bond management into 'safety certificate'
Hanoi, Aug. 17 -- National Assembly (NA) President Tran Thanh Man on August 17 called for tighter safeguards and clear accountability in the banking sector, stressing that the management agency role of commercial banks must not become a "safety certificate" for corporate bonds. NA President Man made the remarks at a discussion on the explanation, incorporation of feedback and revisions to draft law amending and supplementing several articles of the Law on the State Bank of Vietnam, the Law on Anti-Money Laundering and the Law on Credit Institutions, within the framework of the 5th session of the NA Standing Committee in Hanoi. He noted that the time remaining before the legislature considers and passes the law is limited. He asked the dra...
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