Banks raise deposit interest rates
In need of raising medium...
Franchise explosion in Vietnam
Franchise has facilitated...
6 leading economic sectors in Central region
There are 6 coastal and m...
91.9% companies are optimistic about production activities in the last 6 months this year
FDI companies sector is w...
CPTPP makes shift of Vietnam from deficit to surplus
Most signed free trade ag...
- 02 / 08 / 2021 -
New reporting regime related to foreign securities investment activities

On June 30, 2021, the Ministry of Finance issued Circular 51/2021/TT-BTC guiding the obligations of organizations and individuals in foreign investment activities on the Vietnamese stock market, issued by the Minister of Finance (“Circular 51”). Circular 51 replaces Circular No. 123/2015/TT-BTC dated August 18, 2015, of the Minister of Finance guiding foreign investment activities on the Vietnamese stock market (“Circular 123”).
Circular 51 has introduced new reforms on the reporting regime of entities in foreign investment activities on Vietnam’s stock market compared to the previous regulations in Circular 123. The following are highlights:

Note:
Report recipient: State Securities Commission.
• At the request of the State Securities Commission, the subjects directly report and provide the list, data, and other documents related to the activities of foreign investors.
• Newspapers are presented in the form of paper documents attached to electronic data files or on the foreign investor activity management system of the State Securities Commission and must be archived for a minimum 5-year period of time.
Circular 51 takes effect from August 16, 2021.

Hope the above information is helpful to The Esteemed Readers.
Bizlawyer is pleased to accompany The Esteemed Readers!