The Q2/2024 Legal Newsletter is a joint production of the Legal Department and the Communications & External Relations Department of KLC Group.
Recently, the National Assembly has passed the Law on Credit Institutions No. 32/2024/QH15, the Law on Consumer Protection 2023, and the Law on Electronic Transactions 2023, which will come into effect on July 1, 2024. These laws bring several benefits to the country’s financial system and consumers in the near future. Some highlights include:
- Reducing the ownership ratio of shareholders in credit institutions;
- Prohibiting the mandatory sale of insurance with loans;
- Ensuring safe and effective consumer lending activities with new provisions on credit assessment;
- Creating a strict legal framework, supplementing prohibited acts in business activities;
- Enhancing the responsibility of businesses and individuals towards consumers;
- Clearly defining prohibited acts in electronic transactions;
And other notable points detailed in the Q2/2024 Legal Newsletter below.
A shortened link to download the newsletter: https://bit.ly/ban-tin-phap-luat-Q2-2024
Ban-tin-Phap-luat-Q2-2024
