Vietnam: Entities of securities trading registration

08:59, 10/12/2015

According to Circular No. 180/2015/TT-BTC of the Ministry of Finance of Vietnam, trading registration means putting securities of a public company into trading in the Upcom system. The following entities must register securities trading.

1. Each public company not fully meeting the listing requirements must register for trading in the Upcom system;

2. Each public company fully meeting the listing requirements but having their securities unlisted at the Stock Exchange (SE) must register for trading in the Upcom system;

3. Each delisted public company fully meeting the requirements for public company must register for trading in the Upcom system (including the case of delisting because the consolidated company or acquired company does not meet the listing requirements);

4. Each state-owned enterprise having public securities offered but having their securities unlisted at the SE must register for trading in the Upcom system.

More details can be found in Circular No. 180/2015/TT-BTC of the Ministry of Finance of Vietnam, which takes effect from January 01, 2016.

- Ngoc Duyen -

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