From August 2010 to August 2011, the National Steering Committee for prevention and combat of money laundering will direct and coordinate with the State Bank and concerned agencies in developing specific plans of action and tasks under the National Plan of Action against Money Laundering and Terrorism Financing issued together with Prime Minister Decision No. 1451/QD-TTg of August 12.
In October the Public Security Ministry will draft and issue a circular to guide Article 251 of the Penal Code, and the Finance Ministry will issue a circular to guide Decree No. 74/2005/ND-CP on prevention and combat of money laundering in securities, insurance and prized games.
In December, the Justice Ministry should propose a competent authority to ratify the Convention against Transnational Organized Crimes. The Information and Communications Ministry will have to organize public information campaigns against money laundering and terrorism financing.
In August 2011, the Justice Ministry will revise and propose amendments to the Penal Code to comply with Article 2 of the International Convention for the Suppression of the Financing of Terrorism and Special Recommendation I of the Financial Action Task Force, and continue elaborating a plan on public communication about the Law Against Corruption for its effective enforcement.-