Prime Minister Nguyen Tan Dung has promulgated Decree No. 116/2013/ND-CP detailing the implementation of the Law on the Prevention of Money Laundering.

The legal document says the State Bank of Vietnam is responsible to the Government for the State management of the prevention of money laundering and gives concrete provisions on the responsibilities of the Ministry of Public Security and other relevant ministries and authorities in the work.

It will take effect from October 10, 2013, replacing another issued in 2005.-VNA