Composition of the Steering Committee on Prevention and Control of Corruption, Misconduct and Crimes in Banking Sector in Vietnam

Composition of the Steering Committee on Prevention and Control of Corruption, Misconduct and Crimes in Banking Sector in Vietnam (Internet image)

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Composition of the Steering Committee on Prevention and Control of Corruption, Misconduct and Crimes in Banking Sector in Vietnam

According to Article 5 of the Regulations issued together with Decision 370/QD-NHNN, the composition of the Steering Committee on Prevention and Control of Corruption, Misconduct and Crimes in Banking Sector in Vietnam includes:

- The Steering Committee’s head who is the Secretary of the Communist Party’s Civil Affairs Committee and Governor of SBV;

- The Steering Committee’s standing deputy head who is Deputy Governor of SBV;

- The Steering Committee’s deputy head who is the head of SBV Banking Supervision Agency;

- Members of the Steering Committee, including: heads of some units affiliated to SBV, Chairpersons of Boards of Members of some credit institutions, General Director of Vietnam Bank for Social Policies, and Chairperson of the Board of Members of Deposit Insurance of Vietnam.

Tasks and powers of Steering Committee on Prevention and Control of Corruption, Misconduct and Crimes in Banking Sector in Vietnam

The Steering Committee fon Prevention and Control of Corruption, Misconduct and Crimes in Banking Sector in Vietnam has the following tasks and powers:

- Advise the Communist Party’s Civil Affairs Committee of SBV and the SBV’s Governor about formulating programs, plans and measures for implementation of regulations of law on corruption, misconduct and crime prevention and control, and other Communist Party’s or State documents on prevention and control of corruption, misconduct and crimes in banking sector.

- Direct the authorities, organizations and units mentioned in Article 2 of the Regulations issued together with Decision 370/QD-NHNN to implement programs, plans and measures for implementation of regulations of law on corruption, misconduct and crime prevention and control, and other Communist Party’s or State documents on corruption, misconduct and crime prevention and control.

- Direct, expedite and organize inspection of performance of anti-corruption tasks by authorities, organizations and units mentioned in Article 2 of the Regulations issued together with Decision 370/QD-NHNN.

- Direct the units mentioned in Article 2 of the Regulations issued together with Decision 370/QD-NHNN to cooperate with inspection agencies and other authorities in performing corruption, misconduct and crime prevention and control tasks; receive and consolidate information about corruption matters, violations and corruption cases in their units to work out handling measures; submit reports on prevention and control of corruption, misconduct and crimes in banking sector to competent authorities.

- Advise the Communist Party’s Civil Affairs Committee of SBV and the SBV’s Governor about issuing decisions on suspension of officials under their management; direct competent authorities of the units mentioned in Article 2 of the Regulations issued together with Decision 370/QD-NHNN to suspend officials, public employees and workers who show signs of violations or when there are sufficient grounds that they are still performing misconduct or corrupt activities or likely to obstruct inspection or verification.

- Suggest solutions for improving efficiency of prevention and control of corruption, misconduct and crimes in banking sector to competent authorities.

(Article 6 of the Regulations issued together with Decision 370/QD-NHNN)

Working principles and regime of the Steering Committee on Prevention and Control of Corruption, Misconduct and Crimes in Banking Sector in Vietnam

Working principles and regime of the Steering Committee on Prevention and Control of Corruption, Misconduct and Crimes in Banking Sector in Vietnam are prescribed as follows:

- A Steering Committee shall assume responsibility before the Executive Committee of the Communist Party, heads of same-level units, and the superior Steering Committee for performing its tasks and powers in preventing and controlling corruption, misconduct and crimes.

- The Steering Committee shall work by adhering to the democracy principle whereby all members participate in discussion and the Steering Committee’s head will draw conclusions and direct the implementation of such conclusions.

- The Steering Committee shall operate within the ambit of its assigned functions, tasks and powers; comply with the Communist Party’s guidelines and State laws; respect and neither obstruct normal activities nor perform tasks on behalf of other authorities, organizations, units and competent officials in the fields of corruption, misconduct and crime prevention and control.

- Members of the Steering Committee shall work under the dual-office holding regime; assume collective responsibility during the performance of functions, tasks and powers of the Steering Committee; and assume individual responsibility before the law and the Steering Committee’s head for their performance of assigned tasks.

- The Steering Committee on prevention and control of corruption, misconduct and crimes in banking sector shall use the SBV’s seal during its performance of tasks. The Steering Committee in a unit shall use the seal of that unit during its performance of tasks.

(Article 3 of the Regulations issued together with Decision 370/QD-NHNN)

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