5 contents of supervision by the State Securities Commission of Vietnam

14:53, 21/11/2020

This is the main content stipulated in the Circular No. 95/2020/TT-BTC on guidance on supervision of securities transactions on the securities market, issued by the Minister of Finance of Vietnam on November 16, 2020.

Circular No. 95/2020/TT-BTC: Regulations on rights and obligations of Vietnam Exchange / 03 methods for securities transaction supervision by the State Securities Commission of Vietnam / Responsibilities and entitlements of the State Securities Commission of Vietnam

Ủy ban Chứng khoán Nhà nước, Thông tư 95/2020/TT-BTC

According to Article 5 of the Circular No. 95/2020/TT-BTC of the Ministry of Finance of Vietnam, contents of supervision by the State Securities Commission (SSC) include:

1. On the basis of reports submitted by trading members, Vietnam Exchange (VNX), its subsidiary companies and Vietnam Securities Depository and Clearing Corporation (VSDCC), supervision results at SSC and other sources of information, SSC shall analyze signs of violations in suspicious transactions and take appropriate actions.

2. Supervise the operation of VNX and its subsidiary companies in organization and supervision of securities transactions in each market region under its management.

3. Supervise the operation of VSDCC in management of position limits on the derivatives market, AR or initial margin depositing.

4. Take charge and cooperate with VNX, its subsidiary companies and VSDCC in analyzing transactions that may affect the securities market; ensure lawful rights and interests of investors and market stability.

5. Supervise provision of services relevant to securities transactions by the entities specified in Points b, c, d, dd, g, h Clause 2 Article 2 of this Circular.

View more details at the Circular No. 95/2020/TT-BTC of the Ministry of Finance of Vietnam, effective from January 01, 2021.

Thuy Tram

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