Strengthen Inspection, Monitoring And Strictly Handling Violations Related To Corporate Bonds

The State Securities Commission (SSC) has both dispatched to securities companies reminded of compliance with Decree 153/2020 / ND-CP of the Government regulating the Government bond offering and transactions ( TPDN) Individual in the domestic market and offering TPDN to the international market.0: 00/2: 37 namubccnn domains said that the TPDN market has a strong growth, contributing to capital market development, stock market. However, the TPDN market has also appeared some phenomenon of offering, distribution and transfer of ownerships not in accordance with the provisions of law.do, to develop the market of TPDN in the direction of safety and sustainability and at the same time prevent the potential risks of this market, the SSC requires securities companies to ensure strict compliance with the NTD 153/2020 / ND-CP dated December 31, 2020 of the Government prescribed Regarding the offering, private TPN transactions in the domestic market and offering TPDN to the international market in the implementation of consulting services for bonds offering; service of professional securities investors; Bidding services, guarantees, bond issuers; Service of registration, depository and transfer of bonds. At the same time, securities companies must strictly comply with the reporting regime in Circular 122/2020 / TT-BTC and regimes reporting according to regulations The decree 153/2020 / ND-CP

.UBCNNN said it will organize inspection and inspection on the provision of services of securities companies related to TPN and strictly handle violations of regulations The law. Before that, early September 2021, Minister of Finance Ho Duc Pha had a document of 10059 / BTC-VP to the SSC; Financial Services of Banking and Vietnam Stock Exchange requires strengthening the inspection and supervision of the market of TPDN. Relatively strengthen, promote the inspection, inspection and supervision of the issuance and provision of individual TPD services, especially the issuance of small enterprises, newly established and operating in areas with high risks, have not clear and impacted business results; focus on reviewing and inspecting enterprises showing signs of violation and spleen regulations in the issuance of TPDs
In case of detecting fraudulent acts, there are signs of appropriating the property of investors, urgently transfer the police agencies to handle according to the provisions of law.

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