Decision No. 189/2005/QĐ-TTg of the Government Chairman establishes the Securities Depository Center under the State Securities Commission - Ministry of Finance. The Center is tasked with registering, depositing, netting out, and settling securities, with its headquarters in Hanoi and a branch in Ho Chi Minh City.
핵심 사항
- The Securities Depository Center under the State Securities Commission - Ministry of Finance is established
- The Center has its main office in Hanoi and a branch in Ho Chi Minh City, with the international trading name Vietnam Securities Depository (VSD)
- The Center performs tasks of registering, depositing, netting out, settling securities, and providing supporting services
- Operating funds for the Center are provided from the state budget
- This Decision takes effect fifteen days after publication in the Official Gazette
🌐 이 문서의 사회적 영향
- To create a legal basis for managing and depositing securities, enhancing transparency in the securities market
- To ensure safety for securities transactions, reducing risks for investors
❓ 자주 묻는 질문
When was the Securities Depository Center established?
The Securities Depository Center was established pursuant to Decision No. 189/2005/QĐ-TTg, which took effect fifteen days after publication in the Official Gazette.
Where are the main office and branch of the Securities Depository Center located?
The main office of the Securities Depository Center is located in Hanoi, while the branch is located in Ho Chi Minh City.
What is the international trading name of the Securities Depository Center?
The international trading name of the Securities Depository Center is Vietnam Securities Depository (VSD).
From where does the operating funds for the Securities Depository Center come?
Operating funds for the Securities Depository Center are provided from the state budget.
What are the tasks of the Securities Depository Center?
The Securities Depository Center performs tasks of registering, depositing, netting out, and settling securities, as well as providing supporting services for securities trading activities.
전문
Pursuant to …;
REGARDING THE ESTABLISHMENT OF THE SECURITIES DEPOSITORY CENTER
PRIME MINISTER
Pursuant to the Law on Organization of the Government dated December 25, 2001;
PURSUANT TO THE PROPOSAL OF THE CHAIRMAN OF THE STATE SECURITIES COMMISSION,
Pursuant to Decree No. 77/2003/NĐ-CP dated July 1, 2003 of the Government stipulating the functions, tasks, authorities, and organizational structure of the Ministry of Finance;
Pursuant to Decision No. 161/2004/QD-TTg dated September 7, 2004 of the Government Chairman on the functions, tasks, powers, and organizational structure of the State Securities Commission;
At the proposal of the Minister of Finance,
DECISION:
Article 1. The Securities Depository Center is established under the State Securities Commission - Ministry of Finance.
The Securities Depository Center is a service organization with revenue, having legal personality, its own seal and separate account, with operating funds provided by the state budget.
Article 2. The Securities Depository Center has its main office in Ha Noi and a branch in Ho Chi Minh City.
International trade name in English: Vietnam Securities Depository (abbreviated as VSD).
Article 3. The Securities Depository Center shall perform registration, depository, settlement, and securities payment tasks, and provide support services for securities trading activities.
The Minister of Finance shall specify in detail the tasks, powers, and organizational structure of the Securities Depository Center.
Article 4. This Decision takes effect fifteen days from the date of publication in the Official Gazette.
Article 5. The Minister of Finance, ministers, heads of ministerial-level agencies, heads of government-affiliated agencies, Chairmen of People's Committees of provinces and centrally governed cities are responsible for implementing this Decision./.
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