Vietnam and Thailand cooperate in combating money laundering.
On July 22nd in Hanoi, the State Bank of Vietnam and the Anti-Money Laundering Office of Thailand signed a memorandum of understanding on cooperation and information exchange regarding anti-money laundering.
Representatives from the State Bank of Vietnam and the Anti-Money Laundering Office of Thailand signed a Memorandum of Understanding on cooperation in exchanging anti-money laundering information.
(Photo: Tran Viet/VNA)
This signing will facilitate the collection, analysis, and processing of information for anti-money laundering efforts by both sides, further contributing to building and strengthening the good and long-lasting relationship between Vietnam and Thailand.
According to Deputy Governor of the State Bank of Vietnam, Dang Thanh Binh, international cooperation in exchanging information related to anti-money laundering is of great importance. Therefore, Vietnam has been making efforts to strongly promote cooperation and information exchange with countries, especially member countries of the Asia-Pacific group, on anti-money laundering.
The State Bank of Vietnam highly appreciates Thailand's anti-money laundering mechanisms and operations, and wishes to further promote cooperation and information exchange related to anti-money laundering activities between the two countries.
Mr. Seehanat, Secretary-General of the Thai Anti-Money Laundering Office, emphasized that money laundering is a serious problem both nationally and internationally, requiring prevention and elimination from the economy. In Thailand, this issue has always received special attention, with the Anti-Money Laundering Act enacted in 1999 and, most recently, the Anti-Terrorism Act enacted in 2013. Cooperation aims to exchange information, knowledge, and experience in preventing and combating money laundering in each country and region.
A representative from the State Bank of Vietnam stated that, to date, the agency has signed memoranda of understanding on information exchange regarding anti-money laundering with all six foreign financial intelligence agencies.
According to Vietnam+ - LT
