What documents are required for reserving a stock code at the Vietnam Securities Depository Center (VSD)?

What documents are required for reserving a stock code at the Vietnam Securities Depository Center (VSD)?

Clause 2 Article 9 of the Regulations on the Activities of Issuing Domestic Securities Codes and International Securities Identification Numbers at the Vietnam Securities Depository Center, issued together with Decision 106/QĐ-VSD in 2021, stipulates the application dossier for reserving a securities code at the Vietnam Securities Depository Center (VSD) as follows:

a. Application dossier for reserving a securities code at VSD for public companies or equitized state-owned enterprises includes:

- Application for reserving a securities code (Form 02/CMCK);

- Establishment decision/business registration certificate or equivalent documents (a copy certified by a competent authority according to legal regulations);

- Copy of the document confirming the registration of a public company with the State Securities Commission (SEC) (in case of a public company);

- Copy of the decision of the competent authority approving the equitization plan for the enterprise (in case of an equitized state-owned enterprise).

b. In case the issuer of debt instruments requests to provide and reserve a projected securities code at VSD, the issuer shall send a letter requesting to provide a projected securities code (Form 03/CMCK).

What documents are required for reserving a stock code at the Vietnam Securities Depository Center (VSD)? - Source: Internet

What are regulations on procedure and processing time for application for issuance of code at VSD in Vietnam?

Clause 1 Article 10 of the Regulations on the Activities of Issuing Domestic Securities Codes and International Securities Identification Numbers at the Vietnam Securities Depository Center, issued together with Decision 106/QĐ-VSD in 2021, stipulates procedure and processing time for application for issuance of code at VSD in Vietnam as follows:

a. The processing time for issuing securities codes for securities registered in bulk at VSD coincides with the processing time for securities registration dossiers. The information on the issued securities code is announced by VSD along with the information about the registered securities on the Securities Registration Certificate.

b. The time for VSD to review and process the application dossier for issuing codes for open-end fund certificates/shares of equitized enterprises that are auctioned at the organization that conducts the share auction or sold through the book building method at the order management organization is within 2 working days from the day after the day of receiving the application dossier from the issuer. After issuing the code, VSD sends a letter confirming the information on the issued securities code to the fund management company/equitization steering committee, relevant exchanges, and publishes it on the VSD website.

c. The time for VSD to process the issuance of securities codes for a securities offering round coincides with the time for VSD to process the exercise dossier. The information on the subscription code is announced by VSD along with the exercise information on the Announcement on the closing of the list of holders exercising rights sent to the relevant parties.

d. The time for VSD to process the issuance of ISIN codes for derivative securities is within 1 working day from the day after the day of receiving the document from the exchange announcing the domestic securities code of the derivative securities. After issuing the ISIN code, VSD sends a letter confirming the information on the issuance of the ISIN code to the exchange and publishes it on the VSD website.

What are regulations on the application dossier for reserving and issuing a projected code at the Vietnam Securities Depository Center?

Clause 2 Article 10 of the Regulations on the Activities of Issuing Domestic Securities Codes and International Securities Identification Numbers at the Vietnam Securities Depository Center, issued together with Decision 106/QĐ-VSD in 2021, stipulates the application dossier for reserving and issuing a projected code at the Vietnam Securities Depository Center as follows:

The time for VSD to review and process the application dossier for providing and reserving a projected securities code is within 2 working days from the day after the day of receiving the application dossier from the issuer. After reserving and issuing the code, VSD sends a letter confirming the information on the issued securities code to the relevant issuer and publishes it on the VSD website.

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