This is a notable content specified in Circular No. 13/2019/TT-BTC of the Ministry of Finance of Vietnam providing amendments to a number of articles of Circular No. 180/2015/TT-BTC providing guidance on registration of securities trading on trading system for unlisted securities.
Circular No. 13/2019/TT-BTC of the Ministry of Finance of Vietnam supplements 02 cases of cancellation of securities trading registration to the cases specified in Circular No. 180/2015/TT-BTC. To be specific:
- The enterprise that is equitized in accordance with regulations on equitization, registers for trading of securities on Upcom trading system and is granted the Certificate of enterprise registration shall have its registration of securities trading after one (01) year commencing from the date on which it fails to meet either capital or shareholder requirements laid down in Point c Clause 1 Article 25 of the Law on Securities 2006 of Vietnam or fails to meet both capital and shareholder requirements.
- If the equitized enterprise registering for securities trading on Upcom trading system and granted the Certificate of enterprise registration before the effective date of this Circular fails to meet either capital or shareholder requirements as regulated in Point dd Clause 1 Article 6 of Circular No. 180/2015/TT-BTC, its registration of securities trading shall be canceled within one (01) year from the effective date of Circular No. 180/2015/TT-BTC.
More details can be found in Circular No. 13/2019/TT-BTC of the Ministry of Finance of Vietnam, which takes effect from May 01, 2019.
Address: | 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City |
Phone: | (028) 7302 2286 |
E-mail: | info@lawnet.vn |