Accordingly, the Prime Minister decided to dissolve the National Financial Supervision Committee after completing the transfer of related functions, tasks, personnel, finance, and assets to the Ministry of Finance, the State Bank of Vietnam, the Government Inspectorate, and the Government Office.
The transfer and receipt of related functions, tasks, personnel, finances and assets shall be implemented according to the Project to dissolve the National Financial Supervision Committee to be completed before July 1, 2025.
Transfer functions and tasks to the Ministry of Finance and the State Bank of Vietnam. Accordingly, the functions and tasks are transferred, including: general supervision of the financial market (TTTC) for the securities and insurance sectors; coordination of national TTTC supervision activities; general supervision of TTTC.
Monitor the consolidation of financial groups in the fields of securities, insurance and other fields (not banking); advise and coordinate macroeconomic and financial policies; assess the impact transfer between the macro economy and the stock market; build a national stock market monitoring database from the National Financial Supervisory Committee (NFF) to the Ministry of Finance.
Transfer functions and tasks, including general supervision of the Banking sector; supervise the consolidation of financial groups in the banking sector from the National Financial Supervisory Committee to the State Bank of Vietnam.
Transfer personnel to relevant ministries and agencies such as transferring 51 people (including 38 civil servants performing general supervision of the stock market and insurance sectors and 13 civil servants performing the task of building a national stock market monitoring database) to the Ministry of Finance.
Transfer 25 civil servants who are performing the task of supervising the general TTTC for the banking sector to the State Bank of Vietnam.
Transfer 4 contract workers to the Government Inspectorate for arrangement.
Transfer all technological assets related to the TTTC monitoring information system and assets formed from the technical assistance project to the Ministry of Finance for receipt, management and use.
Transfer 4 used cars to the Government Inspectorate for receipt, management and use; transfer 1 degraded, unusable car to the Government Office to carry out liquidation procedures according to regulations.
Transfer to the Ministry of Finance and the State Bank of Vietnam the working equipment (attached with personnel transferred to the Ministry of Finance and the State Bank of Vietnam); transfer the remaining assets to the Government Office.
For personnel records and documents: transfer records and documents related to personnel performing the task of general supervision of the TTTC for the securities and insurance sectors to the Ministry of Finance for management.
Transfer documents and records related to personnel performing the task of general supervision of TTTC for the banking sector to the State Bank of Vietnam for management; transfer documents and records related to automobiles and contract workers to the Government Inspectorate for management.
