Decision 02/QD-VSD dated January 8th 2013 of the Vietnam Securities Depository on the recovery of the certificate for securities depository member

Decision 02/QD-VSD dated January 8th 2013 of the Vietnam Securities Depository on the recovery of the certificate for securities depository member:

When recovering the certificate for securities depository member, the Vietnam Securities Depository will stop providing services related to the registration, clearing, custody, except for the following cases:

– Client requests for the transfer of all accounts (or all of the securities and the related rights) to another depository members.

– Exercise the right of the securities owner.

– Clearance of stock mortgage.

– Adjust the information of investors.

These new regulations are mentioned in Decision 02/QD-VSD dated January 8th 2013 of the Vietnam Securities Depository, replacing Decision 39/QD-VSD and 73/QD-VSD.

Decision takes effect from January 8th, 2013

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