FROM JUNE 25, SECURITIES COMPANIES MUST REGISTER INFORMATION DISCLOSURE WITH SSC
This is regulated under the Decision No. 515/QD-UBCK dated June 25, 2012 of the State Securities Commission on the procedures for the securities market participants to disclose information on the electronic information portal of the state securities commission and send reports to the state securities commission.
Specifically, at least to July 14, 2012, public companies, issuance organizations (except for issuing bonds guaranteed by the Government), securities companies, fund management companies, the Stock Exchange, the Stock Depository Center and relevant persons must register the information disclosure on the electronic information portal of the State Securities Commission and send reports to the State Securities Commission.
The information disclosed on the electronic information portal of the State Securities Commission and reported to the State Securities Commission by the securities market participants shall be transmitted in writing with valid signs and seals as prescribed by law and electronic data which must fully contain the name and position of the person that signs the document, the number and date.
If the information disclosed or reported by the subjects of information disclosure is not consistent with the actual condition of the company, or detect the in-authenticity of the sent information or the violations of information disclosure, the company shall be liable to penalties as prescribed by current law provisions and compelled to rectify the disclosed information as prescribed by law provisions on information disclosure on the securities market.
This Decision shall take effect on the date of its signing.