Decision No. 16/2025/QĐ-TTg dissolves the National Financial Supervisory Commission and transfers its functions, tasks, personnel, finances, and assets to the Ministry of Finance, the State Bank of Vietnam, the Government Inspectorate, and the Office of the Government before July 1, 2025.
Scope of application
National Financial Supervisory Commission; Ministry of Finance, State Bank of Vietnam, Government Inspectorate, Office of the Government
Key points
- The National Financial Supervisory Commission shall be dissolved after completing the transfer of its functions and tasks (Article 1).
- The transfer shall be carried out according to the proposal for the dissolution of the National Financial Supervisory Commission and must be completed before July 1, 2025 (Article 1).
- This Decision abolishes all decisions related to the establishment and operation of the National Financial Supervisory Commission (Article 2).
- The National Financial Supervisory Commission must prepare lists, files, and documents of civil servants, officials, employees, and assets and finances for handover to receiving agencies (Article 3.1).
- Ministers, heads of ministerial-level agencies, heads of government-affiliated agencies, Chairmen of provincial People's Committees under central cities, and relevant organizations and individuals must implement this Decision (Article 3.2).
🌐 Social impact of this document
- The dissolution of the National Financial Supervisory Commission reduces state financial management agencies.
- Receiving agencies such as the Ministry of Finance, the State Bank of Vietnam, the Government Inspectorate, and the Office of the Government will strengthen their financial supervisory functions.
- Citizens and businesses may encounter difficulties in accessing information about state financial supervision activities.
❓ Frequently asked questions
When will the National Financial Supervisory Commission be dissolved?
The National Financial Supervisory Commission will be dissolved after completing the transfer of its functions and tasks before July 1, 2025.
Which agencies will take over the functions of the National Financial Supervisory Commission?
The Ministry of Finance, the State Bank of Vietnam, the Government Inspectorate, and the Office of the Government will take over the functions and tasks of the National Financial Supervisory Commission.
When does this Decision come into effect?
This Decision takes effect from June 16, 2025.
Full text
Pursuant to …;
Regarding the Dissolution of the National Financial Supervisory Commission
Pursuant to the Government Organization Law on February 18, 2025;
Pursuant to the Law on Legislative Regulatory Documents issued on February 19, 2025;
Pursuant to Decree No. 158/2018/NĐ-CP dated November 22, 2018 of the Government on the establishment, restructuring, and dissolution of administrative organizations;1Based on the proposal of the Minister of Home Affairs at Circular No. 2737/TTr-BNV dated May 23, 2025, and the directive of Deputy Prime Minister Ho Duc Phoc at Notification No. 302/TB-VPCP dated June 13, 2025 regarding the dissolution of the National Financial Supervisory Commission;
The Prime Minister issues this Decision on the dissolution of the National Financial Supervisory Commission.
The National Financial Supervisory Commission shall be dissolved following the completion of the transfer of its functions, tasks, personnel, finances, and assets to the Ministry of Finance, the State Bank of Vietnam, the Government Inspectorate, and the Office of the Government.
Article 1. The transfer and acceptance of functions, tasks, personnel, finances, and assets shall be carried out according to the Dissolution Plan of the National Financial Supervisory Commission (annexed hereto) and must be completed before July 1, 2025.
1. This Decision takes effect from June 16, 2025.
Article 2. Effective Date
2. This Decision abolishes:
a) Decision No. 34/2008/QĐ-TTg dated March 3, 2008 of the Prime Minister on the establishment of the National Financial Supervisory Commission;
b) Decision No. 79/2009/QĐ-TTg dated May 18, 2009 of the Prime Minister promulgating the Regulations on the organization and operation of the National Financial Supervisory Commission;
c) Decision No. 15/2015/QĐ-TTg dated May 22, 2015 of the Prime Minister amending and supplementing certain provisions of Decision No. 34/2008/QĐ-TTg dated March 3, 2008 of the Prime Minister on the establishment of the National Financial Supervisory Commission and the Regulations on the organization and operation of the National Financial Supervisory Commission attached to Decision No. 79/2009/QĐ-TTg dated May 18, 2009 of the Prime Minister.
1. The National Financial Supervisory Commission shall be responsible for compiling lists, files, and documents of civil servants, officials, employees, and assets, finances for transfer to the Ministry of Finance, the State Bank of Vietnam, the Government Inspectorate, and the Office of the Government; it shall bear legal responsibility for the accuracy of the data and documents in accordance with the regulations.
Article 3. Responsibility for Implementation
2. Ministers, Heads of ministerial-level agencies, Heads of government-affiliated agencies, Chairpersons of provincial and centrally-administered city People's Committees, relevant agencies, organizations, and individuals shall be responsible for implementing this Decision.
2. The ministers, heads of ministerial-level agencies, heads of government-affiliated agencies, chairpersons of provincial and centrally governed city People's Committees, relevant agencies, organizations, and individuals shall be responsible for implementing this Decision.
DEPUTY PRIME MINISTER
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