Decision No. 1002/2005/QD-NHNN On the establishment of the Anti-Money Laundering Information Center under the State Bank

Pursuant to …;

Regarding the establishment of the anti-money laundering information center under the State Bank of Vietnam

tiền laundering under the State Bank

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GOVERNOR OF THE STATE BANK OF VIETNAM

Pursuant to the Law on the State Bank of Vietnam dated December 12, 1997 and the Law Amending and Supplementing Certain Provisions of the Law on the State Bank of Vietnam dated June 17, 2003;

Pursuant to Decree No. 86/2002/NĐ-CP dated November 5, 2002 of the Government stipulating the functions, tasks, powers, and organizational structure of Ministries and ministerial-level agencies;

Pursuant to Decree No. 74/2005/NĐ-CP dated June 7, 2005 of the Government on anti-money laundering;

At the proposal of the Director of the Cadre and Civil Servant Department,

DECISION:

Article 1. The Anti-Money Laundering Information Center under the State Bank of Vietnam is established.

The Anti-Money Laundering Information Center is a public service unit with its own seal for transactions, and has the function of being the focal point for receiving and processing information and performing tasks as prescribed in Decree No. 74/2005/NĐ-CP.

Article 2. The Director shall manage the operation of the Anti-Money Laundering Information Center; assisting the Director are several Deputy Directors. The Director and Deputy Directors of the Center shall be appointed by the Governor.

Article 3. The organization and operation of the Anti-Money Laundering Information Center shall be carried out in accordance with the "Regulation on Organization and Operation" issued by the Governor.

Article 4. This Decision takes effect from August 1, 2005.

Article 5. The Head of the Office, Heads of the Cadre and Civil Servant Department, and Heads of relevant units under the State Bank of Vietnam are responsible for implementing this Decision./.