Vietnam: Methods of market surveillance by State Securities Commission

17:10, 23/11/2017

On October 25, 2017, the Ministry of Finance of Vietnam issued Circular No. 115/2017/TT-BTC on guidelines for securities market surveillance. According to this Circular, methods of market surveillance by State Securities Commission (SSC) include:

First, according to trading data provided by the Stock Exchange (SE), SSC will analyze, evaluate, and take actions as prescribed in regulations on securities transactions showing irregular signs.

Second, market surveillance shall be carried out according to information from the sources below:

- Surveillance reports of SE, Vietnam Securities Depository (VSD), and exchange members;

- Reports of listed companies;

- Reports of entities engaging in transactions on securities market;

- Sources on means of mass media, rumors;

- Other sources.

Third, carry out irregular inspection of supervisees by discovering indicative of irregular trading according to reports of SE, VSD, exchange members and entities participating in trading and providing trading-related services on the securities market.

More guidelines can be found in Circular No. 115/2017/TT-BTC of the Ministry of Finance of Vietnam, which takes effect from December 08, 2017.

- Nguyen Trinh -

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

3 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