Business

Decree details implementation of anti-money laundering law

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.
Prime Minister Nguyen Tan Dung has promulgated Decree No. 116/2013/ND-CPdetailing the implementation of the Law on the Prevention of MoneyLaundering.

The legal document says the State Bankof Vietnam is responsible to the Government for the State managementof the prevention of money laundering and gives concrete provisions onthe responsibilities of the Ministry of Public Security and otherrelevant ministries and authorities in the work.

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