What are general regulations on the activity of issuing domestic securities codes and international securities identification numbers at the Vietnam Securities Depository Center (VSD)? What are regulations on issuing domestic securities codes in Vietnam? What are regulations on issuing ISINs in Vietnam?
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Article 1 of the Regulation on the activity of issuing domestic securities codes and international securities identification numbers at the Vietnam Securities Depository Center (VSD), issued together with Decision 106/QĐ-VSD in 2021, stipulates the general regulations on the activity of issuing domestic securities codes and international securities identification numbers at VSD as follows:
1. The Vietnam Securities Depository Center (VSD) is responsible for issuing and managing domestic securities codes and international securities identification numbers (ISIN) for securities specified in Article 149 of Decree No. 155/2020/NĐ-CP dated December 31, 2020, detailing the implementation of some provisions of the Securities Law.
2. The issuance and registration of securities codes is carried out at the headquarters of VSD.
What are general regulations on the activity of issuing domestic securities codes and international securities identification numbers at the Vietnam Securities Depository Center (VSD)? - Source: Internet
Article 2 of the Regulation on the activity of issuing domestic securities codes and international securities identification numbers at the Vietnam Securities Depository Center (VSD), issued together with Decision 106/QĐ-VSD in 2021, stipulates the regulations on the issuance of domestic securities codes at VSD as follows:
1. Domestic securities codes issued by VSD are unique and cannot be duplicated with any securities that have been listed/registered for trading or any securities that have been issued by VSD (except in the case of issuing a securities code that is the same as a code that has been canceled for more than 10 years).
2. Domestic securities codes are issued regardless of the registered trademark abbreviation. VSD considers issuing codes based on the technical criteria of the trading system on the Stock Exchange (hereinafter referred to as the Stock Exchange), the abbreviation of the fund management company, investment fund, issuer, the issuer's choice of code, information about the issuance of securities, information about the underlying security, etc.
3. Domestic securities codes issued by VSD are used uniformly as the trading securities code of the issuer when the issuer is listed or registered for trading on the securities trading system.
Article 3 of the Regulation on the activity of issuing domestic securities codes and international securities identification numbers at the Vietnam Securities Depository Center (VSD), issued together with Decision 106/QĐ-VSD in 2021, stipulates the regulations on the issuance of international securities identification numbers (ISIN) at VSD as follows:
1. ISINs are issued by VSD on the basis of a partnership agreement with the Association of National Numbering Agencies (ANNA) and in accordance with the principles set forth by this organization in the International Standard ISO 6166 on securities and financial instruments.
2. VSD issues ISINs for all types of securities issued in Vietnam and these ISINs are issued by VSD simultaneously with the domestic securities code, except in the case of securities traded on the derivatives market, VSD issues ISINs after receiving notification of the domestic securities code from the Stock Exchange.
3. ISINs are used uniformly for securities issued in Vietnam for trading and settlement on the Vietnamese and international securities markets.
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