On 22 September 2017, the Ministry of Finance issued Circular No. 95/2017/TT-BTC (“Circular 95”) guiding Decree No. 71/2017/ND-CP (“Decree 71”) dated 6 June 2017 of the Government on corporate governance applicable to public companies.
Under Circular 95, the Ministry of Finance issued the following forms of: (i) the Charter of the public company at Appendix 01 of the Circular; and (ii) the Internal Regulations on corporate governance at Appendix 02 of the Circular so that the public company can refer to in formulating its charter, its internal regulations on corporate governance in according with the provisions of the Law on Enterprises, the Law on Securities, Decree 71 and the prevailing laws applicable to public companies.
Circular 95 will take effect on 6 November 2017.