2011-03-16 | 38/2011/TT-BTC

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Circular 38/2011/TT-BTC on Fees for Securities Business Activities

The Ministry of Finance of Vietnam issued Circular 38/2011/TT-BTC to regulate the collection, payment, management, and use of fees for securities business activities at securities service providers. The circular establishes specific fee schedules for services such as underwriting, brokerage, portfolio management, and fund administration, replacing previous regulations from 2000. It defines the liable entities, fee collectors, and payment obligations, with the regulation taking effect on May 1, 2011.

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