Ministry Of Finance Requires Tightening Of Individual Corporate Bond Issuance

According to the Ministry of Finance, in addition to the positive impacts on businesses, the issuance of individual corporate bonds also revealed many risks for investors ... 0:00 / 1: 54 South Ministry of Tai The main dispatch sent to the State Securities Commission, Banking and Finance Department and the Vietnam Stock Exchange required to strengthen the inspection and supervision of corporate bonds. According to the Ministry, in time Overall, corporate bonds have become a large and important capital mobilization channel in the market

. However, in addition to the positive impacts on businesses, the issuance of individual corporate bonds also revealed many risks to investors and at risk of causing insecurity and safety of national finance Family strengthen the inspection and supervision of corporate bonds, the Ministry of Finance requires banking financial services to preside over and coordinate with the State Securities Commission and units to implement regulations New on issuing corporate bonds in Decree No. 153/2020 / ND-CP dated December 31, 2020 of the Government. Research, continuing to improve the regulations on management and supervision of the joint bond market Industry in which focuses on developing measures to inspect, supervise and tighten the issuance of individual corporate bonds without guaranteed assets or quality assets and prestige of low-issuing enterprises aimed at towards transparent, safe and limited market risks
The State Securities Department shall assume the prime responsibility and coordinate with the Banking Finance and C Related agencies strengthen, promote the inspection, inspection and supervision of the issuance and service provision on individual corporate bonds, especially the issuance of small and new enterprises Establishment and operation in areas with high risks, with unclear business results, in fact, the centralization and inspection and detection of enterprises showing signs of violations and spleen regulations Law in the issuance of corporate bonds. 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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