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ARTICLE · 25 JANUARY 2011

Vietnam Issues Anti-Money Laundering Circular

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On 24 September 2010, the Ministry of Finance (MOF) issued Circular No. 148/2010/TT-BTC providing guidance on the implementation of anti-money laundering measures in the sectors of insurance, securities and prize-winning games (Circular 148).

VietnamFinance and Banking
Dao Nguyen
Dao Nguyen
Thinh Phu Dan
Thinh Phu Dan
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Originally published 25 January 2011

Keywords: Vietnam, anti-money laundering, Ministry of Finance, MOF, Circular 148

On 24 September 2010, the Ministry of Finance (MOF) issued Circular No. 148/2010/TT-BTC providing guidance on the implementation of anti-money laundering measures in the sectors of insurance, securities and prize-winning games (Circular 148).

Money laundering means an act committed by an individual or organisation to legitimise money or property acquired from criminal activities. Money laundering is conducted via the following specific activities:

  • Directly or indirectly participating in a transaction related to money or property acquired from criminal activities

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