Starting from May 01, 2017, Circular No. 23/2017/TT-BTC issued on March 16, 2017 by the Ministry of Finance of Vietnam aims to amend and supplement some provisions of Circular No. 11/2016/TT-BTC regarding derivative securities to resolve legal difficulties and promote the development of this market will take effect.
Recently, the Ministry of Finance of Vietnam issued Circular No. 23/2017/TT-BTC amending and supplementing new regulations to address difficulties and encourage securities companies to participate in the derivative securities market.
Circular No. 23/2017/TT-BTC of the Ministry of Finance of Vietnam supplements regulation on the general transaction account on derivatives exchanges as follows:
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