Thursday, March 29, 2012

VN, Cambodia fight money laundering [-Will Vietnam help arrest accused money launderer Hun To?]

Governor of the State Bank of Vietnam Nguyen Van Binh and Governor of the National Bank of Cambodia Chea Chanto at the signing ceremony. (Photo: VNA)
Thu, March 29, 2012
VNA

Vietnam and Cambodia have signed a memorandum of understanding (MoU) on the exchange of information in the fight against money laundering and terrorism financing.

The MoU was inked by Governor of the State Bank of Vietnam Nguyen Van Binh and Governor of the National Bank of Cambodia Chea Chanto in Phnom Penh on March 28.

The cooperation will create conditions for the two countries’ financial investigation agencies to learn experience from each other in tracking down, preventing and eliminating money laundering and financing for terrorists in their countries.


The deal reflects the two countries’ participation in international efforts to combat money laundering and terrorism financing activities.

The two sides discussed measures to supervise the banking system and money laundering and terrorism financing activities as well as plans to strengthen cooperation between the two central banks

The two Governors also witnessed the signing of a MoU on training and research cooperation in the banking and financial sector between Vietnam ’s Banking Academy and Cambodia ’s Banking Research Centre.

During his visit to Cambodia from March 27-30, Governor Binh will attend the ASEAN Central Bank Governors’ Meeting, receive the Governor of Singapore’s Central Bank and visit branches of some Vietnamese banks.

2 comments:

Anonymous said...

Bullshit on this stupid plan with Dumb Yuon's plan. Too many trashes are comign from Dumb Yuon. Go to the hell, Dumb Yuon!

Anonymous said...

Uncle Ho wants to manage the Banana Kingdom national budget.

Does this treaty also allows the Cambodians government to manage the Vietnamese government budget?

Ah CHkae Hun Sen is doing a great job!!