Decree No. 156/2020/ND-CP the sanctioning of administrative violations in the domains of securities and securities market

DECREE

Providing for the sanctioning of administrative violations in the domains of securities and securities market

Pursuant to the Law on Organization of the Government dated June 19, 2015; the Law Amending and Supplementing a Number of Articles of the Law on Organization of the Government and the Law on Organization of Local Administrations dated November 22, 2019;

Pursuant to the Law on Sanctioning of Administrative Violations dated June 20, 2012;

Pursuant to the Law on Securities dated November 26, 2019;

Pursuant to the Law on Enterprises dated June 17, 2020;

Pursuant to the Law on Anti-Money Laundering dated June 18, 2012;

Pursuant to the Law on Counter-Terrorism dated June 12, 2013;

At the proposal of the Minister of Finance;

The Government promulgates the Decree providing for the sanctioning of administrative violations in the domains of securities and securities market.

Chapter I

GENERAL PROVISIONS

Article 1. Scope of regulation

1. This Decree provides for acts of administrative violation, forms and levels of sanctions, remedial measures for acts of administrative violation, competence to impose sanctions and competence to make written records of administrative violations in the domains of securities and securities market.

2. Administrative violations in the domains of securities and securities market specified in this Decree include:

a) Violations of regulations on private offering or placement of securities;

b) Violations of regulations on public offering of securities in Vietnam;

c) Violations of regulations on placement of bonds in international markets, offering of securities in foreign countries and placement of new securities as a basis for offering securities depository receipts in foreign countries or supporting placement of securities depository receipts in foreign countries on the basis of stocks issued in Vietnam;

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