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VIFC NeobankConcept workspace
Concept & legal working tool as of 29 Oct 2026 — not an operating bank, exchange or financial advice. Proposed roles are not agreed or approved.

Launch checklist

Eight phases. 48 tasks. Planning gates, not approvals.

Progress is saved only in this browser. It is not shared with your team — export CSV/JSON to share. No live launch without written regulatory approvals.

Overall progress: 0/48

48 / 48

  • 0.1CriticalNew permission / designSteering committee

    Define collaboration scope among proposed partners

    Acceptance criterion
    Scope memo states no role is agreed until signed.
    Deliverable / evidence
    Scope memo
    Legal basis
    C01
    Depends on
    —
  • 0.2CriticalExisting-law verificationLegal counsel

    Verify HDBank VIFC subsidiary proposal status

    Acceptance criterion
    Written confirmation of adoption and any licence filing.
    Deliverable / evidence
    Status note with evidence
    Legal basis
    C01V05
    Depends on
    —
  • 0.3CriticalExisting-law verificationLegal counsel

    Map VIFC legal stack as of check date

    Acceptance criterion
    Register lists every in-force instrument with links.
    Deliverable / evidence
    Legal register
    Legal basis
    V01V02V05V06
    Depends on
    —
  • 0.4HighExisting-law verificationLegal counsel

    Confirm AIFC licences do not passport to Viet Nam

    Acceptance criterion
    Legal memo signed by counsel.
    Deliverable / evidence
    Passporting memo
    Legal basis
    A07V01
    Depends on
    0.3
  • 0.5HighNew permission / designSteering committee

    Agree confidentiality and information-sharing rules

    Acceptance criterion
    NDA executed by all parties.
    Deliverable / evidence
    Executed NDA
    Legal basis
    Internal / contractual
    Depends on
    —
  • 0.6MediumNew permission / designSteering committee

    Appoint independent legal reviewers in both jurisdictions

    Acceptance criterion
    Engagement letters signed.
    Deliverable / evidence
    Engagement letters
    Legal basis
    Internal / contractual
    Depends on
    —
  • 1.1CriticalExisting-law verificationLegal counsel

    Classify each of the 7 products legally

    Acceptance criterion
    Matrix approved by legal.
    Deliverable / evidence
    Classification matrix
    Legal basis
    A01V02V03
    Depends on
    0.3
  • 1.2CriticalNew permission / designProduct lead

    Separate Savings and Earn in UX and terms

    Acceptance criterion
    No shared screens or wording.
    Deliverable / evidence
    UX spec
    Legal basis
    A08V02
    Depends on
    1.1
  • 1.3CriticalExisting-law verificationCompliance / MLRO

    Draft deposit-insurance disclaimer

    Acceptance criterion
    Wording reflects Decree 329 Art. 5.
    Deliverable / evidence
    Disclaimer text EN/VI
    Legal basis
    V02
    Depends on
    1.1
  • 1.4HighNew permission / designCompliance / MLRO

    Draft crypto risk-warning library

    Acceptance criterion
    Warnings tested for comprehension.
    Deliverable / evidence
    Warning library
    Legal basis
    A09
    Depends on
    1.1
  • 1.5HighNew permission / designCompliance / MLRO

    Banned-terms policy (guaranteed, savings for Earn)

    Acceptance criterion
    Policy enforced in content review.
    Deliverable / evidence
    Marketing policy
    Legal basis
    A08
    Depends on
    1.2
  • 1.6CriticalExisting-law verificationCompliance / MLRO

    Retail vs professional client segmentation

    Acceptance criterion
    Criteria and evidence rules documented.
    Deliverable / evidence
    Client classification policy
    Legal basis
    A08V02
    Depends on
    1.1
  • 2.1CriticalNew permission / designLegal counsel

    Design legal-entity map (4 distinct entities)

    Acceptance criterion
    Map approved by steering committee.
    Deliverable / evidence
    Entity map
    Legal basis
    V02A01
    Depends on
    1.1
  • 2.2CriticalExisting-law verificationLegal counsel

    Confirm member-bank licence requirements

    Acceptance criterion
    Requirements checklist with article references.
    Deliverable / evidence
    Licence requirements list
    Legal basis
    V02
    Depends on
    0.3
  • 2.3CriticalExisting-law verificationTreasury / finance

    Capital plan for proposed bank

    Acceptance criterion
    Plan meets verified minimums.
    Deliverable / evidence
    Capital plan
    Legal basis
    V02A06
    Depends on
    2.2
  • 2.4CriticalNew permission / designLegal counsel

    Identify custody/CASP licensing route

    Acceptance criterion
    Route documented or gap flagged.
    Deliverable / evidence
    Licensing route memo
    Legal basis
    A04V01V03
    Depends on
    2.1
  • 2.5HighExisting-law verificationCompliance / MLRO

    Fit-and-proper pack for directors

    Acceptance criterion
    Pack complete per verified requirements.
    Deliverable / evidence
    F&P pack
    Legal basis
    V02
    Depends on
    2.2
  • 2.6MediumNew permission / designLegal counsel

    Intra-group agreements & conflicts policy

    Acceptance criterion
    Arm's-length terms documented.
    Deliverable / evidence
    Draft agreements
    Legal basis
    Internal / contractual
    Depends on
    2.1
  • 3.1CriticalExisting-law verificationLegal counsel

    Segregation & bankruptcy-remoteness opinion

    Acceptance criterion
    Opinion delivered by qualified counsel.
    Deliverable / evidence
    Legal opinion
    Legal basis
    A04
    Depends on
    2.4
  • 3.2CriticalNew permission / designCTO / security

    Key-management and wallet architecture

    Acceptance criterion
    Independent security audit passed.
    Deliverable / evidence
    Audit report
    Legal basis
    Internal / contractual
    Depends on
    —
  • 3.3CriticalNew permission / designChief risk officer

    No-rehypothecation control

    Acceptance criterion
    Control tested; reconciliation daily.
    Deliverable / evidence
    Control test evidence
    Legal basis
    A04A08
    Depends on
    3.2
  • 3.4CriticalNew permission / designLegal counsel

    Earn perimeter decision

    Acceptance criterion
    Written regulator view or product excluded.
    Deliverable / evidence
    Perimeter decision
    Legal basis
    A05A08
    Depends on
    1.6
  • 3.5HighNew permission / designChief risk officer

    Yield-source disclosure and risk rating

    Acceptance criterion
    Each strategy rated and disclosed.
    Deliverable / evidence
    Risk-rating sheets
    Legal basis
    A08
    Depends on
    3.4
  • 3.6MediumNew permission / designTreasury / finance

    Proof-of-reserves approach

    Acceptance criterion
    Method reviewed by independent auditor.
    Deliverable / evidence
    Methodology
    Legal basis
    Internal / contractual
    Depends on
    3.2
  • 4.1CriticalExisting-law verificationLegal counsel

    Crypto collateral enforceability opinion

    Acceptance criterion
    Opinion confirms perfection and enforcement.
    Deliverable / evidence
    Legal opinion
    Legal basis
    A03V02
    Depends on
    2.1
  • 4.2CriticalNew permission / designChief risk officer

    Credit policy incl. LTV, haircuts, margin call

    Acceptance criterion
    Approved by risk committee.
    Deliverable / evidence
    Credit policy
    Legal basis
    A06
    Depends on
    4.1
  • 4.3CriticalNew permission / designOperations / trade desk

    Liquidation procedure and client notices

    Acceptance criterion
    Procedure tested in simulation.
    Deliverable / evidence
    Runbook
    Legal basis
    A03
    Depends on
    4.2
  • 4.4HighNew permission / designLegal counsel

    Tri-party custody-collateral agreement

    Acceptance criterion
    Agreement executed in draft form.
    Deliverable / evidence
    Draft agreement
    Legal basis
    A04
    Depends on
    3.1, 4.1
  • 4.5HighExisting-law verificationTreasury / finance

    Capital treatment of crypto-secured exposure

    Acceptance criterion
    Treatment confirmed with supervisor.
    Deliverable / evidence
    Capital memo
    Legal basis
    A06V02
    Depends on
    2.3
  • 4.6HighExisting-law verificationLegal counsel

    Stablecoin lending perimeter check

    Acceptance criterion
    Product in/out decision recorded.
    Deliverable / evidence
    Decision note
    Legal basis
    A08V03
    Depends on
    1.1
  • 5.1CriticalExisting-law verificationTreasury / finance

    FX and VND settlement analysis

    Acceptance criterion
    Written guidance obtained.
    Deliverable / evidence
    FX memo
    Legal basis
    V01V03
    Depends on
    0.3
  • 5.2CriticalExisting-law verificationCompliance / MLRO

    AML/CFT programme incl. travel rule

    Acceptance criterion
    Programme approved by MLRO.
    Deliverable / evidence
    AML manual
    Legal basis
    A07V01
    Depends on
    —
  • 5.3HighNew permission / designCompliance / MLRO

    Sanctions screening for KZ–VN corridor

    Acceptance criterion
    Screening tool configured and tested.
    Deliverable / evidence
    Test log
    Legal basis
    Internal / contractual
    Depends on
    5.2
  • 5.4HighNew permission / designCTO / security

    Cybersecurity and incident response

    Acceptance criterion
    Penetration test completed.
    Deliverable / evidence
    Pentest report
    Legal basis
    Internal / contractual
    Depends on
    —
  • 5.5MediumNew permission / designChief risk officer

    Enterprise risk register

    Acceptance criterion
    Register reviewed quarterly.
    Deliverable / evidence
    Risk register
    Legal basis
    Internal / contractual
    Depends on
    —
  • 5.6MediumExisting-law verificationLegal counsel

    Complaints and dispute forum design

    Acceptance criterion
    Forum confirmed and disclosed.
    Deliverable / evidence
    Complaints policy
    Legal basis
    V01
    Depends on
    —
  • 6.1HighNew permission / designOperations / trade desk

    Select pilot lane and counterparties

    Acceptance criterion
    Lane choice documented with rationale.
    Deliverable / evidence
    Lane memo
    Legal basis
    Internal / contractual
    Depends on
    0.1
  • 6.2CriticalNew permission / designOperations / trade desk

    Independent verifier and warehouse engagement

    Acceptance criterion
    Engagement letters with liability terms.
    Deliverable / evidence
    Engagement letters
    Legal basis
    Internal / contractual
    Depends on
    6.1
  • 6.3CriticalExisting-law verificationLegal counsel

    Legal rights mapping of goods and documents

    Acceptance criterion
    Opinion: what the token does and does not convey.
    Deliverable / evidence
    Rights map
    Legal basis
    V07
    Depends on
    6.2
  • 6.4HighNew permission / designSteering committee

    Cargo partner consent (e.g. Vietjet — not agreed)

    Acceptance criterion
    Written consent or lane runs without partner.
    Deliverable / evidence
    Consent letter
    Legal basis
    Internal / contractual
    Depends on
    6.1
  • 6.5HighExisting-law verificationOperations / trade desk

    SPS, customs and food-safety checklist

    Acceptance criterion
    Checklist validated by customs broker.
    Deliverable / evidence
    Compliance checklist
    Legal basis
    Internal / contractual
    Depends on
    6.1
  • 6.6CriticalNew permission / designChief risk officer

    Double-pledge and registry search procedure

    Acceptance criterion
    Procedure tested on sample cargo.
    Deliverable / evidence
    Procedure
    Legal basis
    V07
    Depends on
    6.3
  • 7.1CriticalNew permission / designLegal counsel

    Submit questions to authorities

    Acceptance criterion
    Submission acknowledged.
    Deliverable / evidence
    Submission pack
    Legal basis
    V01V05
    Depends on
    1.1, 2.1
  • 7.2HighNew permission / designProduct lead

    Sandbox application (if available)

    Acceptance criterion
    Application filed with test plan.
    Deliverable / evidence
    Sandbox application
    Legal basis
    V01A11
    Depends on
    7.1
  • 7.3CriticalExisting-law verificationLegal counsel

    Obtain written licences/approvals

    Acceptance criterion
    Originals on file for each product.
    Deliverable / evidence
    Approval file
    Legal basis
    V02
    Depends on
    7.1
  • 7.4CriticalNew permission / designSteering committee

    Launch readiness review

    Acceptance criterion
    All critical tasks done; board sign-off.
    Deliverable / evidence
    Readiness minutes
    Legal basis
    Internal / contractual
    Depends on
    7.3
  • 7.5HighExisting-law verificationLegal counsel

    Client-terms final legal review

    Acceptance criterion
    Signed off EN/VI versions.
    Deliverable / evidence
    Final terms
    Legal basis
    V02
    Depends on
    1.3, 1.4
  • 7.6MediumNew permission / designChief risk officer

    Post-launch monitoring plan

    Acceptance criterion
    KPIs and reporting cadence agreed.
    Deliverable / evidence
    Monitoring plan
    Legal basis
    Internal / contractual
    Depends on
    7.4
Planning gates are internal milestones only — they do not represent regulatory approval. There is no real-time collaboration.