Vietnam: State Bank Releases National Risk Assessment of Money Laundering and Terrorist Financing for 2012-2017

On May 17, 2019, the State Bank of Vietnam (SBV) made an announcement that it approves the Report on the National Risk Assessment (NRA) of Money Laundering and Terrorist Financing for the 2012-2017 period and the action plan to address money laundering and terrorist financing risk in 2019-2020.

According to the NRA, this is Vietnam’s first assessment and is self-assessed based on information, data, statistics collected on domestic cooperation and national statistical databases. The information collected is considered in relation to money laundering and terrorist financing threats/vulnerabilities.

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