Vietnam: Guidelines for development of the database system serving supervision of securities transactions

17:10, 21/11/2020

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

Vietnam: Organizations and individuals relevant to unusual transactions must provide explanation / Vietnam: Conducting supervision of securities transactions according to the following contents

cơ sở dữ liệu giám sát giao dịch chứng khoán, Thông tư 95/2020/TT-BTC

According to Article 11 of the Circular No. 95/2020/TT-BTC of the Ministry of Finance of Vietnam, Stock Exchanges shall develop a database system serving securities transactions. Such a system shall have at least:

1. Data about transactions conducted at the Stock Exchanges.

2. Lists and information entities that are supervised by the Stock Exchanges and commit violations against securities laws or regulations of Vietnam Exchange (VNX).

3. Reports and information about securities transactions that have been disclosed through information disclosure systems of the Stock Exchanges; reports and information that have been provided for State Securities Commission (SSC) and VNX.

4. Data relevant to investors’ securities accounts;

5. Other data relevant to securities transactions.

Securities transactions database is one of sources for Stock exchanges to supervise swing trading with the following sources:

- Information provided by trading members, listed and registered public companies and investors which is disclosed in accordance with regulations of law on securities and the securities market;

- Relevant information from Vietnam Securities Depository and Clearing Corporation (VSDCC) as prescribed in Article 19 of the Circular No. 95/2020/TT-BTC;

- Information on the media and securities-related rumors;

- Other sources of information.

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

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

107 lượt xem

- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn