Pursuant to Point d, Clause 3, Article 29 Decree 82/2020/ND-CP on violations regarding the operations of commercial mediation centers and branches of commercial mediation centers; Branches and representative offices of foreign commercial mediation organizations in Vietnam are as follows:

Violations of activities of commercial mediation centers and branches of commercial mediation centers; branches and representative offices of foreign commercial mediation organizations in Vietnam

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3. Fine from 10,000,000 VND to 15,000,000 VND for one of the following acts:

a) Operating not in accordance with the contents of the establishment license or operation registration certificate of the commercial mediation center; branches of foreign commercial mediation organizations; Establishment license of representative office of foreign commercial mediation organization;

b) Operating without an establishment license or operation registration certificate;

c) Allowing another organization to use its establishment license or operation registration certificate to conduct commercial mediation activities;

d) Failure to develop conciliation rules or develop conciliation rules of a commercial conciliation center whose content does not comply with the law;

d) Erasing, altering or falsifying the contents of the establishment license or operation registration certificate.

4. Additional penalties:

a) Suspension of operations from 01 month to 03 months for violations specified in Points a and c, Clause 3 of this Article;

b) Confiscate evidence such as establishment licenses, operation registration papers that have been erased or altered to falsify the content for violations specified in Point dd, Clause 3 of this Article.

Thus, commercial mediation centers that do not develop mediation rules according to the provisions of law will not be suspended from operation but will be fined from 10,000,000 VND to 15,000,000 VND.