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Action plan on anti-money laundering, terrorism financing issued

The Prime Minister has issued a national action plan on fighting money laundering and terrorism financing for the period 2015-2020.
The Prime Minister has issued a national action plan on fighting moneylaundering and terrorism financing for the period 2015-2020.

Theplan is aimed at establishing an anti-money laundering and terrorismfinancing mechanism in Vietnam, implementing the Government'scommitments to the country's role in the Asia/Pacific Group on MoneyLaundering (APG), and participating in trans-national crime preventionprogrammes, according to the Vietnam Government Portal.

The planalso looks to protect national, organisational and individual benefitsand contribute to preventing crimes and corruption; strengthen thestability of financial organisations and stimulate the economic growthrate; confirm the standpoints and commitments to combating moneylaundering and terrorism financing for peace, stability, development andintegration as well as increasing Vietnam’s position in theinternational community.-VNA
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