Proposal to include securities on list of essential services

By Thuy Linh/ Huyen Trang

15:57 | 06/04/2020 Finance Follow english.haiquanonline.com.vn on

VCN - The State Securities Commission has proposed municipal and provincial People's Committee to include the securities industry on the list of "essential services" to facilitate the securities market in general and securities market related-activities in provinces and cities.

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proposal to include securities on list of essential services

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On March 27 and March 31, 2020, the Prime Minister issued Directive No. 15 / CT-TTg and Directive No. 16 / CT-TTg on the implementation of measures to prevent and control the Covid-19 pandemic. Accordingly, services and business activities except for businesses establishments of essential goods and services is suspended

According to the State Securities Commission, financial - monetary services such as banking, securities, insurance, accounting and auditing, etc., are essential national services that need to be maintained. Therefore, the State Securities Commission has requested relevant organizations (Stock Exchanges, Vietnam Securities Depository, Vietnam Fund Management Company, and securities companies, assigned banks, custodian banks) to operate normally, enhance online transactions and comply with regulations of the Central and localities on prevention and control of the pandemic.

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In order to ensure smooth operation of the securities market, the State Securities Commission has requested municipal and provincial People's Committeesto include the securities industry into the list of "essential services" to create favorable conditions for the securities market in general and securities market related-activities in the provinces and cities.

By Thuy Linh/ Huyen Trang

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