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The mistakes of individuals will not affect the operation of the stock market

On the afternoon of May 18, the Central Inspection Committee officially announced the disciplinary measures against collectives and individuals who are former leaders and leaders of the State Securities Commission (SSC), the Stock Exchange. Vietnam (VNX), Ho Chi Minh City Stock Exchange. Ho Chi Minh City Securities Depository (HOSE) and Vietnam Securities Depository (VSD).

Regarding this issue, the Ministry of Finance has released press information about the initiative to arrange and supplement personnel for the stock market to operate stably and safely.

The Ministry of Finance said that the Ministry of Finance and the State Securities Commission will strictly abide by the conclusions of the Central Inspection Committee.

Immediately after the inspection conclusion of the Central Committee for Inspection of the Party Committee of the State Securities Commission for the 2015-2020 term was issued, the Ministry of Finance directed the State Securities Commission, the Stock Exchanges, the Securities Depository Center and other units. review and implement measures to remedy violations and shortcomings.

The violations of individuals will not affect the operation of the State Securities Commission, the Stock Exchanges, the Securities Depository Center and the securities market. The Ministry of Finance ensures the state management of securities and operates the stock market continuously, stably and safely; ensure the rights and obligations of domestic and foreign organizations and individuals participating in the Vietnamese stock market in accordance with the provisions of law.

In the coming time, the Ministry of Finance will strengthen the comprehensive capacity and strengthen the organization, arrange key staff to meet the requirements of professional capacity and ethical qualities for the State Securities Commission. Stock Exchanges and Securities Depository Centers, ensuring regular, continuous and effective management and supervision of the stock market.

Simultaneously, the Ministry of Finance will direct the SSC and related units to continue implementing solutions on: perfecting the legal framework, implementing market restructuring, and improving the operational quality of institutions. intermediaries, develop a system of professional investors and improve the management and supervision efficiency of the State Securities Commission and the Stock Exchanges, and the Securities Depository Center to develop a sustainable and transparent securities market, to become a The main medium and long-term capital channel for the economy, is a long-term, safe and fair investment channel for investors.

According to the announcement on May 18 of the Central Inspection Commission, Chairman of the State Securities Commission Tran Van Dung was removed from all positions in the Party, General Director of the Ho Chi Minh Stock Exchange Le Hai Tra was declared guilty. except from the Party.

The Committee also warned Mr. Vu Bang, former Chairman of the State Securities Commission; Mr. Nguyen Thanh Long, Secretary of the Party Committee of the Hanoi Stock Exchange, Chairman of the Board of Members of the Vietnam Stock Exchange; Mr. Nguyen Son, Chairman of the Board of Directors of the Vietnam Securities Depository Center.

https://cafebiz.vn/bo-tai-chinh-nhung-sai-pham-cua-cac-ca-nhan-se-khong-anh-huong-toi-hoat-dong-cua-thi-truong-chung- drill-20220518174226595.chn


Ha My

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