At the meeting (Photo: VNA)Hanoi (VNA) – The Anti-Money Laundering Steering Committee convenedits first meeting in Hanoi on June 19 to discuss working regulations and tasks.
Deputy Prime Minister Vuong Dinh Hue, head of the committee, chaired thefunction.
The committee is responsible for assisting the Prime Minister in preparing a strategy,plans, policies and programmes in the prevention and combat of moneylaundering.
It directs the implementation of Vietnam’s member duties in the Asia/PacificGroup on Money Laundering (APG) and plan to fully realise recommendations ofthe Financial Action Task Force (FATF) on money laundering.
The committee coordinates with counter-terrorism forces to study and proposelaws, programmes, and measures against the financing of terrorism across thecountry to State relevant agencies.
Another task of the committee is assisting the Prime Minister in studying andpromulgating policies on international cooperation in the field through eachperiod.
Speaking at the meeting, Deputy PM Vuong Dinh Hue highlighted the committee’simportant activities including national risks assessment on money launderingand terrorist financing.
This aims to help the Government and the Prime Minister issue legal policies onpreventing, fighting and handling violations in the field, thus ensuring a healthyfinancial market and business production environment, he said.
According to Deputy Governor of the State Bank of Vietnam (SBV) Nguyen DongTien, under a national action plan on preventing and combating money launderingand terrorist financing in 2015-2020 signed by the Prime Minister, the SBV wasassigned to assess national risks on money laundering while the Ministry ofPublic Security assess national risks on terrorist financing.
This will be an useful reference for an APG group to evaluate the mechanism ofanti-money laundering and terrorist financing in Vietnam, which is set to beconducted in the fourth quarter of 2019. -VNA
VNA
