The Ministry of Finance inspects securities companies

On May 16, the Ministry of Finance said that in the coming time, it will continue to carry out inspection and examination for public companies, securities trading organizations, and audit firms that are approved on the basis of accounting records. the plan has been adjusted; strictly handle violations on the basis of monitoring results.

Along with that, from now until the end of 2022, the Ministry of Finance will urgently implement and review problems and shortcomings in the securities law and the decrees guiding the 2019 Securities Law.

In particular, the Ministry of Finance will closely monitor securities transactions showing signs of abnormality; promptly coordinate with the Stock Exchanges in assessing, analyzing and inspecting transactions for transactions showing signs of violation of regulations.

The Ministry of Finance also said that it will implement a plan to inspect and examine audit firms for listed companies and public companies, paying attention to businesses whose customers have false financial statements. command or there are many errors.
At the same time, step up inspection and supervision of the issuance of corporate bonds, especially those without collateral; continue to implement the restructuring project stock market in accordance with the schedule and regulations of the law…