Regulatory Alerts2023-12-25 | 19/VBHN-BTCAdded · Updated
Circular No. 57/2021/TT-BTC on the Roadmap for Restructuring Stock, Bond, Derivative Securities, and Other Securities Trading Markets
The Circular establishes a roadmap for restructuring the Vietnamese securities trading markets, consolidating stock trading into the Ho Chi Minh City Stock Exchange by December 31, 2026, and consolidating bond trading into the Hanoi Stock Exchange by December 31, 2022. It mandates that the Ho Chi Minh City Stock Exchange exclusively handle new listings for organizations with charter capital of 120 billion VND or more from July 1, 2025, while the Hanoi Stock Exchange handles those below this threshold until June 30, 2025, after which it ceases new stock listings. The document also assigns derivative securities trading to the Hanoi Stock Exchange and requires the transfer of pending listing and trading registration dossiers between exchanges according to specific deadlines to ensure continuity during the transition.
More like this from SSC
SSC published 3 documents in the last 30 days. We email you each new one the day it's published.