What are regulations on prices of securities services rendered by SEs and VSDC in Vietnam?

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Question date: 28/02/2023

What are regulations on prices of securities services rendered by SEs and VSDC in Vietnam? Please advise.

    • What are regulations on prices of securities services rendered by SEs and VSDC in Vietnam?

      Article 3 of Circular 101/2021/TT-BTC has regulations on prices of securities services rendered by SEs and VSDC as follows:

      1. The prices of securities services rendered by SEs and VSDC are elaborated in the Price Schedule and the Appendix enclosed herewith.

      2. Prices of securities services prescribed herein are not subject to value-added tax in accordance with regulations of the Law on value-added tax and its amendments (if any).

      3. SEs and VSDC shall themselves decide the prices of their services which are not specified in the Price Schedule enclosed herewith in conformity with their provision of such services and in accordance with regulations of the Law on pricing, the Law on securities and relevant laws, and shall assume responsibility for their decision.

      4. SEs and VSDC must post and publish their prices of services and comply with regulations of the Law on pricing, the Law on securities and relevant guiding documents.

      5. Trading service price payable by market makers may be reduced by up to 80% of the corresponding price specified in Point 4 Section II Part A of the Price Schedule and up to 70% of the corresponding price specified in Point 3 Section II Part B of the Price Schedule after they have fulfilled their market-making obligations in accordance with regulations of law and specific requirements imposed by competent authorities.

      6. Listing service price in Point 2 Section II Part A of the Price Schedule, price of securities listing management in Point 3 Section II Part A of the Price Schedule, trading service price in Point 4 Section II Part A of the Price Schedule, price of securities registration/partial securities deregistration in Point 12 Section III Part A of the Price Schedule and securities depository service price in Point 13 Section III Part A of the Price Schedule enclosed herewith charged to issuers and buyers of green bonds as prescribed in the Law on Environmental Protection and its guiding documents shall be reduced by 50%.

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    LEGAL BASIS OF THIS SITUATION
    • Article 3 of Circular 101/2021/TT-BTC Download
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