Ministry Of Finance Requires Strengthening Inspection And Supervision Of Corporate Bond Market

The Minister of Finance shall allocate research units, continue to complete the regulations on management and supervision of corporate bonds in: 00/2: 00 southern regions of the Minister of Finance Ho Duc Phiem just signed Official Letter No. 10059 to the State Securities Commission; Banking and Finance Department and Vietnam Stock Exchange require to strengthen the inspection and supervision of corporate bonds. Last time, corporate bonds have become a large capital mobilization channel and quan Weight in the market. However, in addition to the positive impacts on businesses, corporate bond issuance in individual form also reveals many risks to investors and at risk of causing insecurity and safety National finance.Do, on September 1, Minister of Finance Ho Duc Pha signed a written officer No

. 10059, required: Banking and Finance Department chaired and coordinated with the Securities Commission and units implementing new regulations on issuing corporate bonds at Decree No. 153 in 2020 of the Government. (Photo illustration: KT) The Minister assigned these units to study, continue to improve regulations on management Ly, supervise corporate bond market, which focuses on building measures to inspect, supervise and tighten the issuance of individual corporate bonds without guaranteed assets or asset quality And the prestige of low release businesses
The completion of management and supervision regulations to the market is transparent, safe and limit to risks. At the same time, Minister Ho Duc Phoc asked the State Securities Commission to preside over and coordinate with the crop It is the bank and relevant agencies to strengthen, promote the inspection, inspection and supervision of the issuance situation and providing services on individual corporate bonds, especially the issuance of businesses Small career, newly established, operating in high-risk fields, with unclear business results, essentially. Market management units need to focus on reviewing and checking the detection Enterprises show signs of violations and spleen regulations in the issuance of corporate bonds. In case of discovering fraudulent acts, there are signs of appropriating the property of investors, urgently transfer the police agencies to handle according to the provisions of law ./. Trung Hieu / VOV1

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