TO EXEMPT PRICE OF 06 SERVICES IN THE SECURITIES SECTOR UNTIL AUGUST 31, 2020
On March 18, 2020, the Ministry of Finance issues the Circular No. 14/2020/TT-BTC on amend and supplement a number of Articles of the Circular No. 127/2018/TT-BTC on prescribing prices of services in the field of securities applicable to the Stock Exchanges and Vietnam Securities Depository to support relevant organizations and individuals affected by the Covid-19 epidemic.
Accordingly, the Ministry of Finance exempts the following types of service prices: Service listing for the first time and changing listing registration service for shares, corporate bonds, investment fund certificates, debt instruments and covered warrants; Initial connection service; Initial securities registration service; Additional securities registration service; Services of borrowing and lending securities via VSD’s system; Services of registration as trading member in derivatives and registration as clearing members.
In additional, the Ministry of Finance also reduces the prices from 10% - 50% for 09 services, To be specific: To reduce 10% for transaction service rendered in underlying securities market, derivatives market and securities depository services; reduce from 15% - 20% for services of positions management and margins management in derivatives market; reduce from 30% - 50% for services of listing management for covered warrants, securities transfer and corporate actions, service of auction and competitive offering.
This Circular takes effect from March 19, 2020 until August 31, 2020. After August 31, 2020, the prices of the above-mentioned services shall comply with the previous provisions of the Circular No. 127/2018/TT-BTC.
