Vietnam: Notes that must be added to financial statements of securities companies

10:50, 20/04/2018

Recently, the Ministry of Finance of Vietnam issued Circular No. 23/2018/TT-BTC providing guidance on accounting for covered warrants of securities companies being issuers.

According to Circular No. 23/2018/TT-BTC of the Ministry of Finance of Vietnam, each securities company must provide the following additional notes:

- Profit (loss) from reassessment of warrants of the issuer (current period, previous period).

- Profit (loss) from reassessment of underlying assets for hedging warrant risks of the issuer (current period, previous period).

- Total amount of margins provided for securing payment obligations at depository banks of the issuer (beginning balance, ending balance).

- Total amount of margins additionally provided for hedging due to the difference between the theoretical and actual risk hedging positions.

- Total number of securities used for hedging.

- Total number of warrants to be issued.

- Total number of outstanding warrants.

View all guidelines at Circular No. 23/2018/TT-BTC of the Ministry of Finance of Vietnam, effective from April 27, 2018.

- Thanh Lam -

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