Directive 03/2000/CT-NHNN4

Recently, the work of internal control and auditing within the State Bank has been enhanced and saw certain results. The results of internal control and auditing has helped to ensure the efficient operations of units, avoid risks and property losses; the strict observance of law provisions as well as regimes and policies of the State and State Bank. However, the internal control and auditing in the State Bank is still struck with mishaps.

In order to raise the efficiency of its internal control and auditing work, the State Bank Governor instructs the heads of units under the State Bank and directors of its provincial/municipal branches to enhance the work of self-inspection and control of the performance of their assigned tasks; promptly detect and prevent negative signs and risks which may arise, thus ensuring that the entire State Bank system shall operate safely, efficiently, and stably, as well as develop and strictly observe the State�s and branch�s regulations on money, credit, payment, capital construction and financial expenditures.

The Directive also clearly defines the responsibilities of concerned units under the State Bank to enhance the work of internal control and auditing of the State Bank.- (Summary)