What requirements should securities trading organizations conducting transactions for foreign investors in Vietnam meet?

Bấm vào đây để xem bản dịch tiếng Việt của bài viết này Click HERE to see the Vietnamese translation of this article
Question date: 17/09/2022

Please ask, what requirements should securities trading organizations conducting transactions for foreign investors in Vietnam meet? 

    • According to Clause 2, Article 6 of Circular 51/2021/TT-BTC regulating obligations to provide services for foreign investors in Vietnam, in which:

      2. When conducting transactions on behalf of foreign investors, trading representatives of foreign investors shall:

      a) comply with regulations of the Law on Securities and relevant laws;

      b) Comply with trading and payment directions of foreign investors, and avoid directly making investment decisions, including choosing securities type, quantity, price and time of trading, when they do not receive trading orders and investment directions from foreign investors.

      Best Regards!

    Above is legal advice provided for customers of LawNet . If you require any further information, please send an email to nhch@lawnet.vn
    "This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts"

    LEGAL BASIS OF THIS SITUATION
    • Article 6 of Circular 51/2021/TT-BTC Download
    RESPONSIBILITY INFORMATION
    Let GOOGLE support you