Multilateral review on anti-money laundering

VGP – Deputy PM Vuong Dinh Hue has signed Decision 475/QD-TTg on a master scheme on Viet Nam’s multilateral assessment of prevention of money laundering and terrorist financing.

May 02, 2019 2:22 PM GMT+7

Illustration photo

The master scheme aims to fulfill Viet Nam’s commitments to international organizations on building preventive mechanisms on money laundering and terrorist financing; complying Viet Nam’s member obligations in the Asia/Pacific Group on Money Laundering (APG); safeguarding national benefits; stabilizing financial organizations; and stimulating economic growth.

The master scheme targets to prepare for the second assessment of the APG on Viet Nam in Q4, 2019.

The State Bank of Viet Nam is responsible for implementing the master scheme.

Relevant ministries and agencies are in charge of providing information in accordance with the regulations on state secret protection and national security./.

By Khanh Phuong