Headlines 03/08/2020 10:22 SA

Securities service prices continue to be reduced till June 30, 2021

Quý Nguyễn

This is the highlight of the Circular No. 70/2020/TT-BTC of the Ministry of Finance dated July 17, 2020.

Previously, on March 18, 2020, the Ministry of Finance issued Circular 14/2020/TT-BTC amending the Circular No. 127/2018/TT-BTC regulating service prices applied to securities activities performed at the Stock Exchange and Vietnam Securities Depository Center.

The Circular sets out regulation on amendments which are aimed at exemption or reduction of fees or charges for 15 securities services from March 19, 2020 and in effect till August 31, 2020, including the followings: 

- Reduction in prices of 3 securities services such as trades or transactions on underlying or derivative securities exchanges; securities depository services.

- Exemption of fees for registration of the initial listing of securities.

For the time being, in order to support organizations and individuals affected by COVID-19, the Ministry of Finance decides to extend application of the Circular No. 14/2020/TT-BTC to end of June 30, 2021.

For more details, please read the Circular No.70/2020/TT-BTC (entering into force on August 31, 2020).

>> CLICK HERE TO READ THE ARTICLE IN VIETNAMESE

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