Trang Chủ
In 2024, DIV will develop a plan to inspect compliance with the provisions of the Law on Deposit Insurance for 253 public institutions (including 26 banks and 227 people's credit funds). In addition, it is based on practical requirements and the direction of the Prime Minister in Directive No. 06/CT-TTg dated March 12, 2019, on "Strengthening the role and assigning tasks to the DIV in coordinating, participating in and supporting the State Bank's examination function for People's Credit Funds," starting from 2019, the Governor of the State Bank of Vietnam (SBV) assigned the DIV to conduct examinations of people's credit funds (PCFs) with the number increasing each year; along with that, the examination content is also expanded and more in-depth. In 2024, the Governor of the SBV continues to assign the DIV to conduct examinations of 75 PCFs in 30 provinces/cities. Therefore, in addition to conducted periodic examinations, the DIV must focus maximum resources and have appropriate solutions to implement the examination plan assigned by the SBV effectively. structured, under the direction of the SBV and the DIV's Board of Directors, along with a high sense of responsibility, initiative and efforts of examination officers throughout the system, the examination work of the DIV in the first months of 2024 has achieved positive results. As of April 30, 2024, the entire system has completed 85 examinations at public institutions, reaching 28.3% of the year's plan (including both periodic plans and examination plans under the direction of the Governor of the SBV). The examination work was carried out by the DIV with utmost seriousness and a methodical approach, ensuring quality and meeting all requirements. Through examination, it is shown that, in general, institutions have complied relatively well with the provisions of the Law on Deposit Insurance.
There are 50/85 (accounting for 59%) units that still make mistakes in calculating and paying deposit insurance premiums. The main reason for over- or under-calculation of premiums is that the units have not accurately determined the types of deposits subject to insurance according to regulations or made mistakes in entering the codes of economic components. Some units have made arithmetic errors.
There are 02/85 (accounting for 2.3%) units that have not properly implemented the regulations on requesting to issue/re-issue certificates of deposit insurance participation or copies of certificates of deposit insurance participation; 2/85 units have listed certificates of deposit insurance participation not in accordance with the regulations.
12/85 (14.12%) of the units providing information on announced deposits and other reporting information as required by the DIV were slow in some periods; 35/85 (41.18%) of the units sending reporting information did not ensure the correctness of information and data between the forms.
Regarding the content of checking the receipt of insured deposits, the examination shows that, in general, the insured institutions had complied relatively well with the regulations on receiving savings deposits and managing and using important seals. However, there are still some common problems and potential risks, including:
Regarding the work of drafting internal documents related to the receipt of deposits, at many PCFs, the drafting of internal documents has not really been focused on. The issuance is still formal, and the content is mainly copied from legal documents and regulations of the State Bank. Some PCFs issued internal documents that did not ensure completeness, timeliness, and content in accordance with the provisions of the Law and the SBV.
Regarding the implementation of regulations in the mobilization of saving deposits, the opening of books and recording of information related to customer deposits at some insured institutions did not ensure completeness and legality according to regulations such as missing information, incorrect information, erasures, and corrections on documents of deposits; there was still a phenomenon of sending money to relatives; the signatures of depositors and related officers were incomplete and did not match the signature sample registration; the collection and reimbursement procedures were not implemented in accordance with regulations; members of the Control Board at some PCFs did not perform their functions and tasks properly; some units mobilized savings deposits of the entire organization; there were locations for receiving and paying saving deposits in violation of regulations.
Regarding the management and use of important seals, some units have not done a good job of opening books, recording, and tracking important seals; the tracking of quantity and serial number of seals do not match reality; at some PCFs, accountants and directors sign and stamp blank checks in advance.
Blank checks/blank savings books that have not fully recorded the elements and have not been issued, potentially posing a risk of ethical risks; have not stamped the white seal as prescribed when receiving a new seal from the Cooperative Bank of Vietnam; have not fully implemented the periodic inventory as prescribed; established an inventory council that is not in accordance with regulations; some PCFs have not managed damaged seals strictly and in accordance with regulations.
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remaining problems and errors have been thoroughly evaluated by the examination teams of the DIV. The causes have been clearly analyzed, and recommendations have been made to inspect units to take timely remedial measures and to rectify compliance with the provisions of the Law. It is crucial that these measures are implemented promptly to ensure the integrity and stability of our operations. After completing the examination, the DIV will send the examination conclusion to each inspection subject, to the Banking Supervision Agency, and the SBV branches in the province/city for handling in accordance with the provisions of Law on Deposit Insurance.
For the PCFs examination under the direction of the Governor of SBV in 2024, immediately after receiving the direction from the SBV, DIV held an online conference to deploy the PCFs examination work according to the requirements of the SBV in 2024 and organized training for examination officers. structured, the examination units of the DIV actively studied the direction documents of the SBV and the DIV, conducted direct survey at the units, grasped the operational situation of the examining PCFs, and drafted the outline and examination plan... to be ready to carry out direct examinations at the PCFs. By the end of May 2024, the entire system had completed the examination of 20/75 PCFs. The examination work was carried out by the examination units in accordance with the examination process and content, ensuring the quality and progress set out. Through the examination, the concerns and errors of the examination units in implementing the provisions of the Law on Deposit Insurance, capital mobilization, lending as well as ensuring safety ratios in operations were discovered, thereby making recommendations to the inspection units to take remedial measures. The above efforts, along with promoting the results achieved in the first months of 2024, will create a solid momentum, which is the basis for the examination activities of the entire DIV system in the last months of the year to continue to be promoted and implemented effectively. In order to further improve the effectiveness of examination work in the entire DIV system in the last months of 2024, within the scope of this article, we would like to propose a number of solutions and proposals for the examination units of DIV as follows:< /p>
First, promote the implementation of examination work and ensure completion according to the plan and required time, in which priority is given to focusing resources to complete soon the examination plan for the DIVs inspected according to to the direction of the SBV, ensure the quality as required. Promptly reflect the difficulties and problems arising in the process of implementing the examination tasks to the Board of Directors to have a plan to resolve and handle them promptly;
Second, thoroughly grasp the instructions of the General Director of the DIV on determining the examination content, recommending resolving violations detected during the examination, adjusting the examination plan (when necessary), reporting examination results, and monitoring and prompting after the examination... to ensure that the examination is carried out in accordance with regulations and procedures; make specific and timely reports, proposals and recommendations and provide full relevant documents to handle issues detected during the examination in accordance with requirements and regulations.
Third, focus on self-training, coaching, and experience exchange for examination officers within the unit to implement uniformly and ensure compliance with the procedures and regulations of the DIV and the SBV.< /p>
Fourth, ensure adequate funding as well as the necessary equipment to serve the examination teams.
Under the attention and close direction of the Board of Directors of DIV, together with the high determination and efforts of the officers doing the examination work throughout the system, DIV believes that it will succeed complete the examination tasks according to the periodic examination plan of DIV as well as the PCFs under the direction of the Governor of the SBV in 2024, ensuring the time and requirements set forth.
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