Nguyên tắc phân bổ lãi tiền gửi và tiền lãi sử dụng Quỹ bù trừ cho thị trường kết quả bóng đá trực tiếp phái sinh tại trung tâm lưu ký kết quả bóng đá trực tiếp

What are principles for allocating deposit interest and interest using trực tiếp bóng đá k+ for the derivatives market at the Vietnam Securities Depository?

In Clause 4, Article 7, Regulations on management and use of clearing funds for the derivatives market at the Vietnam Securities Depository, issued together with Decision 115/QD-VSD in 2022 (Expires on August 10, 2023), stipulates the principles of allocation of deposit interest and interest using trực tiếp bóng đá k+ for the derivatives market at the Vietnam Securities Depository Center are as follows:

a) Deposit interest arising from trực tiếp bóng đá k+ deposit account and interest using trực tiếp bóng đá k+ collected from insolvent clearing members will be allocated by VSD to clearing members in accordance with the amount. The amount and time of each member's contribution after deducting the deposit account management fee at the payment bank (if any). The receipt and distribution of deposit interest and interest using the Clearance Fund shall comply with the provisions of Clauses 1 and 2, Appendix 3 issued with this Regulation.

b) Except for trực tiếp bóng đá k+ case specified in Point a, Clause 1, Article 8 of this Regulation, deposit interest and interest using trực tiếp bóng đá k+ Clearance Fund are distributed by VSD on trực tiếp bóng đá k+ last day of trực tiếp bóng đá k+ month.

c) The total amount allocated by clearing members will be recorded by VSD in the value of assets contributed to trực tiếp bóng đá k+ of each clearing member or the value of the amount to be refunded as prescribed in Point b, Clause 1, Article 8 of the Regulations.

What is VSD's implementation of separate management of assets contributed to trực tiếp bóng đá k+ of clearing members who are in process of canceling their clearing member status in Vietnam?

In Clause 1, Article 8, Regulations on management and use of clearing funds for the derivatives market at the Vietnam Securities Depository, issued together with Decision 115/QD-VSD in 2022 (Expires on August 10, 2023), stipulating that VSD implements management Management of separation of assets contributed to trực tiếp bóng đá k+ of clearing members who are in the process of canceling their clearing member status is as follows:

After the clearing member is stopped providing services by VSD to cancel its clearing member status and the clearing member has completed the work including: selling assets contributed to trực tiếp bóng đá k+ in securities to repay payment support sources used (if any); Closing and transferring positions, paying for losses and position profits, and paying for contract performance, VSD carries out separate management of assets contributed to trực tiếp bóng đá k+ of clearing members that are in the process of canceling their ownership. The way of clearing members is as follows:

a) Determine trực tiếp bóng đá k+ value of assets contributed to trực tiếp bóng đá k+ Clearance Fund by clearing members to be managed separately from trực tiếp bóng đá k+ Clearance Fund (hereinafter referred to as trực tiếp bóng đá k+ value of separately managed assets), including:

- trực tiếp bóng đá k+ value of assets contributed to trực tiếp bóng đá k+ Clearance Fund in cash and securities (if any) is determined according to trực tiếp bóng đá k+ provisions of Clause 1, Section III, Appendix 2 issued with this Regulation.

- Interest on deposits and interest on trực tiếp bóng đá k+ use of trực tiếp bóng đá k+ Clearance Fund are allocated at trực tiếp bóng đá k+ time of implementation of separate management determined according to trực tiếp bóng đá k+ provisions of Clause 2, Appendix 3 issued with this Regulation.

b) Determine the value of assets contributed to trực tiếp bóng đá k+ that VSD must repay or still receivable to clearing members (hereinafter referred to as reimbursable and receivable amounts) according to the principles:

- In case the amount of money a clearing member is using from trực tiếp bóng đá k+ but has not yet returned is less than the value of separately managed assets, the amount to be refunded is determined to be the difference between the value of separately managed assets with the amount of money that clearing members are using from trực tiếp bóng đá k+ but have not yet refunded;

- In case the amount of money a clearing member is using from trực tiếp bóng đá k+ but has not yet refunded is greater than the value of separately managed assets, the receivable is determined to be the difference between the amount of money the clearing member is using from trực tiếp bóng đá k+ but has not yet returned the value of separately managed assets.

- In case the clearing member no longer owes trực tiếp bóng đá k+, the amount to be repaid is determined as the value of separately managed assets.

What are obligations of clearing members to trực tiếp bóng đá k+ for derivatives market at Vietnam Securities Depository?

In Clause 2, Article 10, Regulations on management and use of clearing funds for the derivatives market at the Vietnam Securities Depository, issued together with Decision 115/QD-VSD in 2022 (Expires on August 10, 2023), stipulates bligations of clearing members to trực tiếp bóng đá k+ for derivatives market at Vietnam Securities Depository as follows:

a) Contribute to trực tiếp bóng đá k+ Clearance Fund according to regulations.

b) Refund trực tiếp bóng đá k+ amount used from trực tiếp bóng đá k+ Clearance Fund and interest from using trực tiếp bóng đá k+ Clearance Fund (if any) according to regulations.

c) Report to VSD within 01 working day from trực tiếp bóng đá k+ date of receiving trực tiếp bóng đá k+ official dispatch from trực tiếp bóng đá k+ competent authority regarding trực tiếp bóng đá k+ clearing member being placed on warning status according to securities laws on financial safety, banking law regulations on capital safety.

Best regards!