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Restructuring securities companies

Accordingly, classification of the securities companies in four groups on the basis of the level of risk for the market to take appropriate remedial measures as follows:

Group with healthy activities: organizations with liquidity ratio of more than 180%;

Group with ordinary activities: liquidity ratio from 150% to 180%;

Controlled group: liquidity ratio from 120% to 150%;

Special controlled group: liquidity ratio below 120%.

Contents at prescribed in Decision 1826/QD-TTg on December 6th 2012 approving the restructuring the stock market and insurance companies.

Decision also stated the clear road map for restructuring: the period 2012 – 2014 will conduct classification, issuance and control processes and risk management and up to 2015 will basically complete the restructuring.

Decision takes effect from the date of signing.

ANT Lawyers

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