Regulatory Alerts2010-11-24 | Luật Chứng khoán số 62Added · Updated
Law No. 62/2010/QH12 Amending and Supplementing a Number of Articles of the Securities Law
The National Assembly of the Socialist Republic of Vietnam promulgated Law No. 62/2010/QH12, amending and supplementing several articles of the Securities Law No. 70/2006/QH11. This law redefines key terms such as "securities" and "private placement," establishes conditions for public companies' private offerings, and details requirements for public tender offers and information disclosure. It also clarifies the scope of securities business operations for securities and fund management companies, sets out principles for public company governance, and repeals Article 103 and Clause 2 of Article 106 of the previous Securities Law.
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