What is a custodian bank in foreign investment on Vietnam’s securities market?

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Question date: 17/09/2022

Please ask, what is a custodian bank in foreign investment on Vietnam’s securities market?

    • According to Clause 5, Article 2 of Circular 51/2021/TT-BTC stipulates as follows:

      5. “custodian bank" means the commercial bank or foreign bank branch (FBB) that is issued with a certificate of depository member by VSDCC in Vietnam.

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    LEGAL BASIS OF THIS SITUATION
    • Article 2 of Circular 51/2021/TT-BTC Download
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