Circular No. 122/2020/TT-BTC guiding reporting regimes under Decree No. 153/2020/ND-CP

CIRCULAR

Guiding the information disclosure and reporting regimes under the Government’s Decree No. 153/2020/ND-CP of December 31, 2020, on private placement of corporate bonds and trading of privately placed corporate bonds in the domestic market and offering of corporate bonds to the international market ^[1]

Pursuant to the Government’s Decree No. 87/2017/ND-CP of July 26, 2017, defining the functions, tasks, powers and organizational structure of the Ministry of Finance;

Pursuant to the Government’s Decree No. 153/2020/ND-CP of December 31, 2020, on private placement of corporate bonds and trading of privately placed corporate bonds in the domestic market and offering of corporate bonds to the international market;

Pursuant to the Government’s Decree No. 09/2019/ND-CP of January 24, 2019, prescribing the reporting regimes applicable to state administrative agencies;

At the request of the Director of the Department of Banking and Financial Institutions;

The Minister of Finance promulgates the Circular guiding the information disclosure and reporting regimes under the Government’s Decree No. 153/2020/ND-CP of December 31, 2020, on private placement of corporate bonds and trading of privately placed corporate bonds in the domestic market and offering of corporate bonds to the international market.

Chapter I

GENERAL PROVISIONS

Article 1. Scope of regulation

1. This Circular guides the information disclosure and reporting regimes under the Government’s Decree No. 153/2020/ND-CP of December 31, 2020, on private placement of corporate bonds and trading of privately placed corporate bonds in the domestic market and offering of corporate bonds to the international market (below referred to as Decree No. 153/2020/ND-CP), including:

a/ Information disclosure regimes applicable to corporations issuing bonds in the domestic market and to the international market;

b/ Reporting regimes applicable to the Stock Exchanges, organizations providing counseling on corporate bond offering dossiers, organizations engaged in corporate bond issuance bidding, underwriting or agency, and bond registration and depository institutions.

2. Bond-issuing corporations being public companies, securities companies or securities investment fund management companies shall, apart from complying with the provisions of this Circular, abide by the information disclosure and reporting regimes in accordance with the securities law.

Article 2. Subjects of application

1. Bond-issuing corporations specified in Decree No. 153/2020/ND-CP.

2. Organizations providing counseling on corporate bond offering dossiers; organizations engaged in corporate bond issuance bidding, underwriting or agency; and corporate bond registration and depository institutions.