SBV issues new Circular on digital signature service

The State Bank of Vietnam (SBV) issued Circular No.12/2011/TT-NHNN on May 17 on the management and utilization of digital signatures, digital certificates and digital signature certification service in SBV electronic transactions.

The Circular governs entities and individuals of the SBV, credit institutions, foreign bank branches, the State Treasury and other institutions wishing to  utilize the SBV’s digital signature certification service in electronic transactions organized by the SBV.

The issuance of this Circular aims at implementing Law No.47/2010/QH12 on Credit Institutions dated June 16, 2010 and  Resolution No.60/NQ-CP of the Government on the simplification of administrative procedures under the SBV’s jurisdiction .

The Circular will take effect on June 30, 2011 and replace Decision No.04/2008/QD-NHNN of the SBV dated February 21, 2008 on the management and utilization of digital signatures, digital certificates and digital signature certification service.

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