The HCM City Department of Construction (DoC) has asked real estate companies, brokers and trading floors in the city to strengthen preventive measures against money laundering and terrorist financing.
The Banking Supervision Agency under the central bank has been upgraded
to a general department, with more duties and rights as of August 1,
according to a newly issued decision.
Commercial banks should mitigate business risks and ensure their
reputations by strictly implementing the Government''s regulations on the
prevention of money laundering and terrorist financing, heard a seminar
held in HCM City yesterday.
