Dissolution of the National Financial Supervisory Commission

Deputy Prime Minister Ho Duc Phoc has just signed Decision No. 16/2025/QD-TTg dated June 16, 2025 on dissolving the National Financial Supervision Committee.

The Government has just issued a decision to dissolve the National Financial Supervision Committee.

Specifically, the Prime Minister decided to dissolve the National Financial Supervision Committee after completing the transfer of functions, tasks, personnel, finance, and related assets to the Ministry of Finance, the State Bank of Vietnam, the Government Inspectorate, and the Government Office .

The transfer and acceptance of functions, tasks, personnel, finance, and related assets shall be implemented according to the Project to dissolve the National Financial Supervision Commission and completed before July 1, 2025.

In which, the functions and tasks are transferred, including: general supervision of the financial market (TTTC) for the securities and insurance sectors; coordination of national financial market supervision activities; general supervision of the financial market; supervision of the consolidation of financial groups in the securities, insurance and other sectors (non-banking); consulting and coordinating macroeconomic-financial policies; assessing the interaction between the macro economy and the financial market; building a database for general supervision of the national financial market from the National Financial Supervision Committee (NFSC) to the Ministry of Finance .

Transfer functions and tasks, including general supervision of financial markets in the banking sector; supervision of consolidation of financial groups in the banking sector from the National Financial Supervision Committee to the State Bank of Vietnam...

Source: https://hanoimoi.vn/giai-the-uy-ban-giam-sat-tai-chinh-quoc-gia-705770.html