Change in Organizational Structure of the Money Destruction Supervision Council

13:17, 11/07/2024

Circular 07/2017/TT-NHNN issued by the State Bank of Vietnam (SBV) stipulates the activities of monitoring the destruction of unfit-for-circulation money, suspended-for-circulation money, and the destruction of defective printed money, defective minted money, defective money printing paper, and defective money minting metal.

adjustments to the organizational structure of the Currency Destruction Supervisory Council are as follows:

- The Vice Chairman of the Council, who is the Leader of the Representative Office of the State Bank of Vietnam in Ho Chi Minh City, is replaced by the Leader of the Administration Sub-Department in Ho Chi Minh City;- The Vice Chairman of the Council, in charge of supervising the Southern Destruction Cluster, who is the Leader of the Representative Office of the State Bank of Vietnam in Ho Chi Minh City, is replaced by the Leader of the Administration Sub-Department in Ho Chi Minh City;- The Member cum Secretary supervising the Southern Destruction Cluster, who is a Department-level Leader of the Representative Office of the State Bank of Vietnam in Ho Chi Minh City, is replaced by a Department-level Leader of the Administration Sub-Department in Ho Chi Minh City.

See details in Circular 07/2017/TT-NHNN effective from January 1, 2018, replacing Circular 29/2012/TT-NHNN.

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