06 Conditions for Debt Trading Floor Service Business according to Decree 69/2016/ND-CP

15:40, 10/07/2024

On July 01, 2016, the Government of Vietnam signed and issued Decree 69/2016/ND-CP on the conditions for business activities of debt trading services.

In addition to the conditions stipulated in Article 5 of Decree 69/2016/ND-CP, enterprises engaging in debt trading exchange services must meet the following conditions:

- Have a minimum charter capital or investment capital of 500 billion VND.- Have been engaged in debt trading services for at least one year, and the revenue from debt trading services in the year immediately preceding the year of trading exchange service implementation must be at least 500 billion VND.- Have at least two employees with auditor certificates or at least two employees with appraisal certificates regarding valuation.- Have the operational regulation of the debt trading exchange.- Have suitable physical facilities, technical equipment, and information technology systems to receive, update, and provide information on debt trading activities among members participating in the exchange.- Must conduct independent annual audits.

See business principles at Decree 69/2016/ND-CP effective from July 1, 2016.

- Thanh Lam -

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