Latest application form for securities trading code in 2023? What are the procedures for applying for securities trading codes in Vietnam?
Latest application form for securities trading codes in 2023?
The current application form for securities trading code is Form No. 41 in the Appendix enclosed with Decree No. 155/2020/ND-CP with the following form:
Download the application form for securities trading code: Click here.
Latest application form for securities trading code in 2023? What are the procedures for applying for securities trading codes in Vietnam?
What is the application for securities transaction codes in Vietnam?
Pursuant to the provisions of Clauses 1 and 2, Article 146 of Decree No. 155/2020/ND-CP on the application for a securities trading code as follows:
Applying for securities trading codes
1. An application for securities transaction code to be submitted by a foreign investor, overseas issuer of depository receipts, foreign-invested business organization specified in Clause 1 Article 143 of this Decree shall contain:
a) The application form No. 41 in the Appendix hereof;
b) A document authorizing the depository member to apply for the securities trading code, unless the applying organization is a depository member;
c) The list of documents for identifying investors according to form No. 42 in the Appendix hereof.
2. An application for securities transaction code to be submitted by a securities investment fund management company or Vietnamese branch of a foreign securities investment fund management company specified in Clause 2 Article 138 of this Decree shall contain:
a) The documents specified in Point a and Point b Clause 1 of this Article;
b) A depository contract between the applying organization and the depository bank;
c) The establishment and operation license of the applying organization.
Thus, the application for securities transaction code includes:
An application for securities transaction code to be submitted by a foreign investor, overseas issuer of depository receipts, foreign-invested business organization specified in Clause 1 Article 143 of Decree No. 155/2020/ND-CP shall contain:
- The application form No. 41 in the Appendix of Decree No. 155/2020/ND-CP;
- A document authorizing the depository member to apply for the securities trading code, unless the applying organization is a depository member;
- The list of documents for identifying investors according to form No. 42 in the Appendix of Decree No. 155/2020/ND-CP.
An application for securities transaction code to be submitted by a securities investment fund management company or Vietnamese branch of a foreign securities investment fund management company specified in Clause 2 Article 138 of Decree No. 155/2020/ND-CP shall contain:
- The application form No. 41 in the Appendix of Decree No. 155/2020/ND-CP;
- A document authorizing the depository member to apply for the securities trading code, unless the applying organization is a depository member;
- A depository contract between the applying organization and the depository bank;
- The establishment and operation license of the applying organization.
What are the procedures for applying for securities trading codes in Vietnam in 2023?
According to the provisions of Clause 3, Article 146 of Decree No. 155/2020/ND-CP, the procedures for applying for securities trading codes are as follows:
- The applicant shall submit the application in accordance with Clause 1 or Clause 2 Article 146 of Decree No. 155/2020/ND-CP to the depository member;
- The depository member shall complete form No. 41 in the Appendix enclosed with Decree No. 155/2020/ND-CP on the securities transaction code registration system of Vietnam Securities Depository and Clearing Corporation (VSDCC);
- Within 01 working day from the receipt of information from the depository member, VSDCC shall issue the securities trading code to the applicant and send an electronic confirmation on the online securities trading code registration system. In case the application is rejected, VSDCC shall make a response on the system and provide explanation;
- Within 05 working days from the day on which the electronic confirmation is issued, the depository member shall submit the application specified in Clause 1 or Clause 2 Article 146 of Decree No. 155/2020/ND-CP to VSDCC;
- Within 05 working days from the receipt of the satisfactory application, VSDCC shall issue the certificate of securities trading code registration to the applicant;
- Within 03 working days from the receipt of the certificate, the depository member shall notify the applicant and send the certificate to the applicant if requested by the applicant.
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