What is Book-Entry Securities?

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May I ask, in the activities of registration, depository, clearing, and settlement of securities transactions, how are book-entry securities understood?

According to Clause 2, Article 2 of Circular 119/2020/TT-BTC, the regulations are as follows:

Book-entry securities are securities issued in the form of book-entry accounts or electronic data. Information regarding the lawful ownership of book-entry securities holders is recorded in the register of securities holders.

Sincerely!

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