2020-12-31 | 119/2020/TT-BTC

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Circular 119/2020/TT-BTC on Registration, Custody, Clearing, and Settlement of Securities Transactions

The Ministry of Finance issued Circular 119/2020/TT-BTC to regulate the registration, custody, clearing, and settlement of securities transactions, effective from February 15, 2021. This regulation supersedes and renders Circular 05/2015/TT-BTC void upon its effective date. The document establishes the current legal framework for securities transaction operations under the State Securities Commission.

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On December 31, 2020, the Ministry of Finance issued Circular No. 119/2020/TT-BTC regulating the activities of registration, custody, clearing, and settlement of securities transactions. This Circular takes effect from February 15, 2021.

Circular No. 05/2015/TT-BTC dated January 15, 2015, by the Minister of the Ministry of Finance, guiding the activities of registration, custody, clearing, and settlement of securities transactions, ceases to be effective from the date Circular 119/2020/TT-BTC takes effect.

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