Circular 227/2012/TT-BTC of the Ministry of Finance guiding the establishment, operation and management of the securities investment company

The portfolio structure of the public securities investment companies must comply with the provisions of the charter of the securities investment company and is restricted by such conditions below:

– Not to invest more than 15% of the total value of the outstanding securities of an issuer, except Government bonds;

– Not to invest more than 20% of the total asset value of the company’s assets in securities and other types of asset such as cash, valuable papers, negotiable instruments that are issued by the same organization, except Government bonds;

– Not to invest more than 10% of the total asset value of the company in real estate.

Other additional conditions are specified in the Circular 227/2012/TT-BTC guiding the establishment, organization and operation management and investment company securities.

Circular takes effect from July 1st 2013.

Tuan Nguyen

Recent Posts

Construction Operation License in Vietnam: 9 Things Foreign Project Managers Should Know Before the Contract Start Date

Let’s face the reality. After the contract is signed, the project owner expects you on…

1 day ago

Outbound Investment from Vietnam: 7 Practical Rules for That Business Leaders Should Know

Quick Reference For a long time, the easier direction of capital has been into Vietnam.…

1 day ago

Australia Anti-Dumping Investigation on Vietnamese Galvanized Steel: 7 Business Signals for Exporters

Quick Reference The Australia anti-dumping investigation on Vietnamese galvanized steel was formally initiated on April…

3 days ago

Does Decree 96/2026 Impact Existing FDI Projects in Vietnam? When To Review Your IRC or ERC

When Vietnam issues a new decree on investment, the most common question managers ask is…

3 weeks ago

Arbitration in Vietnam: 7 Realities Foreign Companies Must Get Right

Foreign companies doing business in Vietnam increasingly use arbitration to resolve commercial disputes outside the…

3 weeks ago

4 Legal Problems with Digital Products in an MLM Model in Vietnam

Many businesses today do sell only products. They may also include digital content, app access,…

1 month ago

This website uses cookies.