Inspection of gold trading and management

An inspection will be conducted to assess the State Bank of Vietnam's responsibilities regarding gold trading, gold-denominated deposit and lending activities.

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On April 22nd, at the headquarters of the State Bank of Vietnam, the Government Inspectorate announced Decision No. 846/QD-TTCP dated April 16, 2013, to inspect the State Bank of Vietnam's responsibility in performing its functions and duties regarding gold trading, gold mobilization, and gold lending. The inspection period covers January 2009 to the end of March 2013; if necessary, inspections may be conducted before or after this period. The inspection duration is 60 actual working days at the unit, starting from the date of announcement of the Decision.

Also at the announcement of the inspection decision, the Government Inspectorate announced Decision No. 860/QD-TTCP dated April 17, 2013, establishing a Supervisory Team to oversee the activities of the inspection team as per Decision No. 846/QD-TTCP dated April 16, 2013, of the Chief Inspector of the Government Inspectorate.

The duties, powers, and responsibilities of the Team Leader and members of the Supervisory Team shall be carried out in accordance with the provisions of the law on inspection, the Regulations on supervision and inspection of the activities of the Inspection Team, and the Supervisory Plan approved by the Inspector General of the Government./.

According to (vov.vn) - LT