Amending the Regulations on organization and operation of the Steering Committee for anti-money laundering

Sửa Quy chế tổ chức và hoạt động của Ban Chỉ đạo phòng, chống rửa tiền- Ảnh 1. — Amending the Regulations on organization and operation of the Steering Committee for anti-money laundering

Specifically, Decision 71/QD-BCĐPCRT amends and supplements Clause 8 and Clause 10, Article 7 of Decision No. 06/QD-BCĐPCRT dated January 17, 2024 as follows:

“8. Duties and powers of members who are leaders of the Ministry of Finance

a. Advise the Steering Committee on research, development of policies, plans, programs, and measures to prevent and combat money laundering for activities managed by the Ministry of Finance, including: Securities, insurance, electronic games with prizes, lottery, casino, betting, tax, customs, accounting and auditing services.

b. Advise the Steering Committee on research, development of policies, plans, programs, and measures to prevent and combat money laundering for investment activities under the management authority of the Ministry of Finance.

c. Advise the Steering Committee on reviewing and researching the amendment and supplementation of legal regulations related to business registration activities to prevent and combat the abuse of legal entities for money laundering.

d. Advise the Steering Committee on directing research, development of policies, plans, programs, and measures to prevent and combat money laundering in the field of state capital management in enterprises.”.

“10. Duties and powers of members who are leaders of the Ministry of Culture, Sports and Tourism:

Advise the Steering Committee on directing the organization of propaganda about the activities of the Steering Committee and about the work of preventing and combating money laundering.".

In addition, Decision 71/QD-BCĐPCRT amends and supplements Article 11, Regulations on organization and operation of the Steering Committee for anti-money laundering: The Steering Committee is responsible for reporting to the Prime Minister periodically every year and suddenly at the request of the Prime Minister on the implementation of anti-money laundering work.

* The Steering Committee for Anti-Money Laundering is responsible for assisting the Prime Minister in directing the development of strategies, policies, programs, plans, mechanisms and solutions on anti-money laundering; assisting the Prime Minister in directing, coordinating activities, urging, inspecting and evaluating anti-money laundering work in Vietnam.

At the same time, assist the Prime Minister in directing the implementation of Vietnam's membership obligations in the Asia-Pacific Group on Money Laundering (APG) and the plan to fully implement the 40 Recommendations of the Financial Action Task Force on Money Laundering (FATF).

Synthesize and report to the Prime Minister on the situation of anti-money laundering activities, the results of implementing the National Action Plan in each period and at the request of the Prime Minister and perform other tasks assigned by the Prime Minister./.

Source: https://baochinhphu.vn/sua-quy-che-to-chuc-va-hoat-dong-cua-ban-chi-dao-phong-chong-rua-tien-102250608091349842.htm