State Bank of Vietnam Issues Circular for Strict Oversight of AI Systems in Banking

The State Bank of Vietnam (SBV) has issued Circular No. 53/2026/TT-NHNN to regulate the safety, risk management, and deployment of artificial intelligence (AI) systems within the banking sector. This new regulation mandates strict oversight as the use of automation expands in banking, including setting limits on daily AI-executed transactions and requiring continuous monitoring of high-risk AI systems.