The Bank of the Lao PDR’s Bank Inspection Department held a dissemination meeting on working documents for corruption prevention and anti-corruption, aimed at strengthening staff understanding of the applicable legal and internal compliance framework. The half-day session, co-chaired by Vingsavanh Xaiyavong (Head of the Bank Inspection Department) and Thepphathai Phankha (Acting Head of the Anti-Corruption and Investigation Department of the State Inspection Authority), included updates on implementation of corruption prevention and anti-corruption work and a review of relevant laws and rules, including the Anti-Corruption Law, the law on complaint resolution, the civil servant law, and requirements on responsibilities of leaders and managers in performing political duties. Attendance totalled 120 participants, including officials from non-bank financial institution supervision, the anti-money laundering information office, the Lao credit information company, the Lao foreign exchange market company, and the Lao Securities Exchange.
Bank of the Lao 2025-06-26
Bank of the Lao PDR convenes session to disseminate corruption prevention and anti-corruption guidance to financial sector bodies
The Bank of the Lao PDR’s Bank Inspection Department conducted a meeting to enhance staff understanding of corruption prevention and anti-corruption frameworks. Co-chaired by Vingsavanh Xaiyavong and Thepphathai Phankha, the session covered updates on relevant laws and compliance, with 120 participants from various financial sectors.