Amending the time for the Vietnam Securities Depository to send periodical supervision reports

19:19, 15/06/2019

This is a notable content specified in Circular No. 35/2019/TT-BTC providing amendments to Circular No. 115/2017/TT-BTC providing guidelines for supervision of securities transactions on securities market and Circular No. 116/2017/TT-BTC providing guidelines for supervision of securities operations of Stock Exchanges and Vietnam Securities Depository (VSD) by the State Securities Commission of Vietnam (SSC).

Clause 4 Article 1 of Circular No. 35/2019/TT-BTC of the Ministry of Finance of Vietnam amends and supplements Article 21 of Circular No. 115/2017/TT-BTC on periodical supervision reports of VSD. Specifically, new regulations are as follows:

bao cao giam sat dinh ky cua trung tam luu ky chung khoan, Thong tu 35/2019/TT-BTC

- Not later than 16:30 PM in the trading day, VSD shall submit a report on the ending open interest of derivatives to SSC.

- Within 10 first business days of the following month, VSD shall submit the following monthly reports to SSC, including:

+ Report on actions against violations committed by clearing members (Form No. 06 provided in Appendix II).

+ Report on support for clearing members facing incapability of fulfilling settlement obligations (Form No. 07 provided in Appendix II).

- Periodical reports mentioned in this Article shall be submitted as follows:

+ Information relating to open interest shall be electronically submitted.

+ Periodical reports shall be prepared in both paper and electronic formats (with using e-signatures).

Other provisions can be found in Circular No. 35/2019/TT-BTC of the Ministry of Finance of Vietnam, which takes effect from August 01, 2019.

Thu Ba

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