RegAlertRule · SSC · 31 Dec 2020 · 118/2020/TT-BTC
Circular 118/2020/TT-BTC on Securities Issuance and Public Company Status
The Ministry of Finance issued Circular 118/2020/TT-BTC to guide regulations on securities offerings, public tender offers, share buybacks, and public company registration. This circular, effective from February 15, 2021, replaces the previous Circular 162/2015/TT-BTC. It establishes the current legal framework for capital market activities under the State Securities Commission.
On December 31, 2020, the Minister of the Ministry of Finance signed and promulgated Circular No. 118/2020/TT-BTC guiding certain contents regarding securities offerings, issuance, public tender offers, share buybacks, registration of public companies, and revocation of public company status.
The Circular takes effect from February 15, 2021, and replaces Circular No. 162/2015/TT-BTC dated October 26, 2015, of the Minister of the Ministry of Finance, which guided the public offering of securities, offering of shares for exchange, issuance of additional shares, share buybacks, sale of treasury shares, and public tender offers of shares.
State Securities Commission
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Lineage: Amended
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The links and the sentences they come from (4)
- Supersedes
- Circular No. 162/2015/TT-BTC dated October 26, 2015, of the Minister of the Ministry of FinanceNot in RegAlert
“replaces Circular No. 162/2015/TT-BTC dated October 26, 2015, of the Minister of the Ministry of Finance”
- Amended by
“Repeal clause 4, Article 1, Article 6, Article 7, and Article 8 of Circular No. 118/2020/TT-BTC dated December 31, 2020”
- Basis for
“Pursuant to Circular No. 118/2020/TT-BTC dated December 31, 2020 of the Minister of Finance guiding certain contents on securities offering, issuance, public tender offer, share repurchase, registration of public companies, and cancellatio…”
“Pursuant to Circular No. 118/2020/TT-BTC dated December 31, 2020 of the Minister of Finance guiding certain contents regarding the offering, issuance of securities, public tender offer, share buyback, registration of public companies, and …”
Mentions (1): 1 document mentions this one without changing it
- Referred to by
“Circular 118/2020/TT-BTC dated December 31, 2020, of the Ministry of Finance guiding certain contents on offerings and issuance of securities”
Timeline
Amended 1 time · last 2025-05-05
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