Chapter V
REPORTING
Article 41. Routine reports
1. On a monthly basis, DMs and direct account holders must send reports on securities deposit, and CMs must send written or electronic reports on clearing and settlement activities to VSDC with the contents specified in the regulations on practices of VSDC.
2. On an annual basis, the settlement bank must send a written or electronic report to the SSC on its eligibility for a settlement bank using the form specified in Appendix III of this Circular.
3. On a bi-annual basis, DMs and CMs being commercial banks or foreign bank branches must send written or electronic reports to the SSC on their eligibility for registration of securities deposit and clearing and settlement services for securities transactions using the form specified in Annexes IV and V issued together with this Circular.
4. On a monthly, quarterly or annual basis, the settlement bank must send a written or electronic report to the SSC on its settlement of securities transaction using the form specified in Appendix VI of this Circular.
5. The reporting time limits are prescribed as follows:
a) A monthly report shall be sent to the SSC within the first 10 days of the following month;
b) A quarterly report shall be sent to the SSC within the first 20 days of the first month of the following quarter;
c) A bi-annual report shall be sent to the SSC within the 45 days of the last date of the first 6 months;
d) An annual report shall be sent to the SSC within the first 90 days of the following year.
6. Time to close report data for a routine report is as follows:
a) The annual reporting period is 12 months from the beginning of January 1 to the end of December 31 of the calendar year;
b) The 6-month reporting period is from the beginning of January 1 to the end of June 30 of the calendar year;
c) The quarterly reporting period is 03 months, from the beginning of the first day of the first month of the quarter to the end of the last day of the last month of the quarter;
d) The monthly reporting period is 01 month, from the beginning of the 1st to the end of the last day of the month.
Article 42. Ad-hoc reports
1. VSDC must report in writing or electronically to the SSC within 24 hours from the date of occurrence of the following events;
a) Suspension of securities deposit, suspension of members' clearing and settlement of securities transactions;
b) Withdrawal of certificates of DMs and certificates of CMs; termination of securities deposit of branches of securities companies, branches of commercial banks;
c) Provision of confidential information to competent regulatory agencies;
d) Securities trading registration, depository, clearing and settlement activities are partially or completely paralyzed.
2. The settlement bank must report in writing or electronically to the SSC and VSDC immediately when the settlement of securities transactions is partially or completely paralyzed.
3. The settlement bank, DM and CM being a commercial bank or foreign bank branch must report in writing or electronically to the SSC within 24 hours since the failure to meet the eligibility as a settlement bank, the eligibility for securities deposit and clearing and settlement services for securities transactions.
4. The CM must report in writing or electronically to the SSC within 24 hours from the date of occurrence of the following events:
a) The charter capital or equity is reduced by more than 10% compared to the charter capital or equity in the latest annual or quarterly financial statement;
b) Debt-to-equity ratio exceeds 5 times.
Article 43. Reports at request
1. In addition to the routine and ad-hoc reports specified in Articles 41 and 42 of this Circular, in necessary cases, in order to protect the common interests and interests of investors, the SSC may require VSDC, DMs, direct account holders, CMs, settlement banks to report in writing or electronically on registration, depository and clearing activities, and settlement of securities transactions.
2. VSDC, DMs, direct account holders, CMs and settlement banks must report to the SSC in writing or electronically within the time limit required by the SSC as prescribed in Clause 1 of this Article.
3. In exceptional circumstances, in order to ensure the safety of the securities transaction payment system, VSDC may request CMs or settlement banks to report in writing or electronically on clearing margin and clearing, settlement of securities transactions. CMs and settlement banks are responsible for reporting to VSDC within 24 hours after receiving requests for report.
Tìm kiếm
Thông tư 119/2020/TT-BTC quy định về hoạt động đăng ký, lưu ký, bù trừ và thanh toán giao dịch chứng khoán do Bộ trưởng Bộ Tài chính ban hành (Bản Word)