IFC membership readiness: are you ready to join?
IVLF’s free IFC membership readiness check scores how prepared your firm is to join Vietnam’s planned international financial centre. Answer ten questions on activities, entity, capital, compliance, governance, reporting and operational substance to get a readiness score and a list of what to prepare first.
Answer ten questions to get your readiness score
Answer yes, partly or no. Your score and a prioritised list of preparations appear at the end.
What the IFC membership readiness check covers
Activities and scope
Fit with the services the centre targets.
Entity and licence
The right vehicle and approvals.
Capital and funding
Capital plan and liquidity.
AML and KYC
Controls and screening.
Governance
Board, management and control functions.
Reporting and audit
Regular reporting and audited accounts.
Substance
Premises, technology and staff.
Tax and flows
Incentives, foreign exchange and data.
Read the full explanation
IFC membership readiness is mostly about preparing early. A new financial centre brings new rules, new licences and new expectations, and firms that prepare their entity, controls and capital early are better placed to apply when the framework is ready.
The check scores ten areas: scope of activities, entity and licence, capital, AML and KYC, governance, reporting and audit, substance, tax and incentives, cross-border flows, and dialogue with the authorities. Each answer is worth up to two points, and the result is a score with a prioritised list of preparations.
The centre’s rules and incentives are still developing, so use the result as a preparation plan and confirm the current position before you commit. Read our international financial centre practice, our capital markets practice and check legal texts in the national legal documents database.
How to use the IFC readiness check
Answer ten questions
Yes, partly or no for each readiness factor.
Read your readiness band
See your score and what to prepare first.
Build a preparation plan
Copy the action list and assign owners and deadlines.
IFC membership readiness: frequently asked questions
What is an international financial centre?
A designated hub with a tailored legal and regulatory framework for international financial services, intended to attract firms and capital.
Does a high score mean I will be admitted?
No. The score checks preparation only. Admission depends on the rules and the authorities.
Is the check legal advice?
No. It gives general guidance based on your answers. Confirm with a qualified professional.
Prepare your firm with IVLF
IVLF Advisors helps firms prepare for new regulatory frameworks with AI-assisted research and professional review. See how we work, explore our capital markets practice or send your request here.
