Prime Minister dissolves the National Financial Supervision Committee

Deputy Prime Minister Ho Duc Phoc has just signed Decision No. 16 of the Prime Minister on dissolving the National Financial Supervision Committee.

Transferring the functions and tasks of the National Financial Supervision Committee to ministries and branches - Photo: QUANG DINH

The dissolution will be carried out after transferring related functions, tasks, personnel, finances and assets to the Ministry of Finance, the State Bank of Vietnam, the Government Inspectorate and the Government Office , completed before July 1.

Specifically, the functions and tasks will be transferred, including: general supervision of the financial market in the securities and insurance sectors; coordination of national financial market supervision activities; general supervision of the financial market.

Supervise the consolidation of financial groups in the fields of securities, insurance and other fields (not banking); advise and coordinate macroeconomic and financial policies; assess the interaction between the macro economy and the financial market; build a monitoring database for the Ministry of Finance .

Transfer functions and tasks, including general supervision of the financial market in the banking sector; supervision of the consolidation of financial groups in the banking sector from the National Financial Supervision Committee to the State Bank of Vietnam .

Along with that is the transfer of personnel, including 51 people to the Ministry of Finance; 25 civil servants to the State Bank of Vietnam and 4 contract workers to the Government Inspectorate.

Regarding assets, transfer all technological assets related to the financial market monitoring information system and assets formed from the technical assistance project to the Ministry of Finance for receipt, management and use.

Next to it are cars, working equipment, and completed documents.

For unsettled records and documents: The National Financial Supervision Committee transfers them to the Ministry of Finance and the State Bank of Vietnam to continue monitoring, resolving, and handling work within their functions and duties.

Transfer files and documents related to personnel under the supervision function for the securities and insurance sectors to the Ministry of Finance for management; personnel performing general supervision tasks for the banking sector to the State Bank of Vietnam for management; documents on cars and contract workers to the Government Inspectorate for management.

NGOC AN

Source: https://tuoitre.vn/thu-tuong-giai-the-uy-ban-giam-sat-tai-chinh-quoc-gia-20250616215559601.htm