Pursuant to Decree No. 26/2014/NĐ-CP issued by the Government on April 7, 2014 on the organization and operation of the banking inspection and supervision, the Banking Supervision agency is a state supervision body having the organization structure as follows:
1. The Banking Supervision Agency under the SBV.
2. The Supervision units under municipal and provincial branches of the SBV established in provinces and municipalities where supervision departments under the SBV Banking Supervision Agency do not exist.
The SBV Banking Supervision Agency is a unit having the same rank as general departments subordinated to the SBV, which advises and assists the SBV governor in the state management of credit institutions, foreign bank branches, the state management in supervising, working on claims and accusations, preventing corruptions and money laundering, monitoring deposit insurance; conducts inspections, and supervises banks in the fields under the management of the SBV; prevents money laundering and terrorist financing in accordance with the laws and as assigned by the SBV governor.
Pursuant Decision No. 35/2014/QĐ-TTg issued by the Prime Minister on June 12, 2014, on the functions, missions, authority and organization of the SBV Banking Supervision Agency, the agency is comprised of 11 departments:
- Department for inspection and supervision of domestic credit institutions (Department I);
- Department for inspection and supervision of foreign credit institutions (Department II);
- Department for administrative inspection, appeals, accusations, and corruption preventing and fighting (Department III);
- Department for banking system safety supervision (Department IV);
- Department for banking operation safety policies (Department V);
- Department for management of credit institution and banking operation licensing (Department VI);
- Department of human resources (Department VII);
- Office;
- Office for banking supervision, Hanoi city (Office I);
- Office for banking supervision, Ho Chi Minh City (Office II);
- Office for preventing and fighting money laundering (Office III);
Supervision units of the SBV municipal and provincial branches are under the organization of the SBV branches which assist SBV branch directors in state management, conducting administrative inspection, dealing with appeals, accusations and violations, preventing and fighting corruption and money laundering, fighting terrorism financing, inspecting and supervising banks in the local area as assigned and authorized by the SBV governor, and as regulated by law.
The supervision bodies of municipal and provincial branches of the SBV operate under the management and direction of SBV branch directors and the direction and guidance of the SBV Banking Supervision Agency in banking inspection and supervision, working on appeals and accusations, preventing and fighting corruption and money laundering, fighting terrorism financing.