TO REPORT ABNORMAL SECURITIES TRADING WITHIN 24 HOURS
On November 16, 2020, the Circular No. 95/2020/TT-BTC guiding the surveillance of securities trading on the securities market is promulgated by the Ministry of Finance.
According to this Circular, the Vietnam Stock Exchange and its subsidiary companies shall perform surveillance to detect abnormal trading, suspected trading potentially violating the law on securities trading, including the act of use of inside information in securities purchase and sale; the act of securities market manipulation; other acts in violation of the securities trading regulations.
In addition, they shall perform the surveillance of trading and disclosure of information and reports related to the trading of listed securities or securities registered for trading of institutions listing securities, etc. Besides, their surveillance of redemption of the own stocks, public bid and other transactions of listed institutions, institutions registered for trading shall comply with law on securities and securities market.
If detecting suspected trading, within 24 hours after the results of making analysis of the abnormal trading, a Stock Exchange shall send an abnormal trading surveillance report to the State Securities Commission, and report the Vietnam Stock Exchange at the same time.
This Circular takes effect on January 01, 2021.
