What is registration trực tiếp bóng đá hôm nay euro clearing members at Vietnam Securities Depository?

What is registration trực tiếp bóng đá hôm nay euro clearing members at Vietnam Securities Depository?

In Article 2, Regulations on clearing members trực tiếp bóng đá hôm nay euro derivatives at the Vietnam Securities Depository, issued together with Decision 84/QD-VSD in 2022, there are regulations on registration trực tiếp bóng đá hôm nay euro clearing members at Vietnam Securities Depository are as follows:

1. Organizations registering to be clearing members shall submit a clearing member registration dossier to VSD according to the provisions trực tiếp bóng đá hôm nay euro Clauses 2 and 3, Article 30 trực tiếp bóng đá hôm nay euro Decree No. 158/2020/ND-CP dated December 31, 2020 trực tiếp bóng đá hôm nay euro Government on derivatives and derivatives market (hereinafter referred to as Decree 158/2020/ND-CP), in which:

a) An explanation that meets the requirements trực tiếp bóng đá hôm nay euro the business process according to Form 01/PS-TVBT issued together with this Regulation (hereinafter referred to as the Business Note for short).

b) An explanation meeting the requirements for information technology infrastructure according to Form 02/PS-TVBT issued together with this Regulation (hereinafter referred to as the Information Technology Note for short).

2. Within 07 working days from the date trực tiếp bóng đá hôm nay euro receipt trực tiếp bóng đá hôm nay euro the clearing member registration dossier, VSD shall:

a) If the application is complete and valid, VSD shall issue a written approval in principle to the clearing member registration for the organization registering to be a clearing member according to Form 03/PS-TVBT issued together with the Regulations. This requires the organization to register as a clearing member to contribute to the clearing fund for the derivatives market (hereinafter referred to as the Clearing Fund for short), to connect the system, to perform testing with the system on clearing and settlement trực tiếp bóng đá hôm nay euro VSD.

b) In case the dossier is incomplete or invalid, VSD shall send a written request to the organization registering as a clearing member to amend and supplement in accordance with regulations.

3. After completing the tasks required in Clause 2 trực tiếp bóng đá hôm nay euro this Article, the organization registering to be a clearing member shall send to VSD 02 copies trực tiếp bóng đá hôm nay euro the account registration for deposit withdrawal, payment and refund trực tiếp bóng đá hôm nay euro contributions. The clearing fund is made according to Form 04/PS-TVBT issued together with this Regulation.

4. Within 01 working day from the date the organization registers to be a clearing member, complete the tasks specified at Point a, Clause 2 trực tiếp bóng đá hôm nay euro this Article and VSD receives the complete dossier as prescribed in Clause 3, this Article, VSD issues the Certificate trực tiếp bóng đá hôm nay euro clearing member for derivatives according to Form 05/PS-TVBT and signs a contract to provide clearing and settlement services for derivatives transactions with the clearing member according to Form 06/PS-TVBT issued together with this Regulation.

5. After being granted the Certificate trực tiếp bóng đá hôm nay euro derivative clearing member by VSD, the clearing member uses the same number and initials trực tiếp bóng đá hôm nay euro the depository member as the number and abbreviated name for the clearing member.

What is change trực tiếp bóng đá hôm nay euro registration information trực tiếp bóng đá hôm nay euro clearing members at Vietnam Securities Depository?

In Clause 1, Clause 2, Clause 3, Article 3 trực tiếp bóng đá hôm nay euro the Regulations on clearing members trực tiếp bóng đá hôm nay euro derivatives at the Vietnam Securities Depository, issued together with Decision 84/QD-VSD in 2022, there are regulations on changes in information Information on registration trực tiếp bóng đá hôm nay euro clearing members at the Vietnam Securities Depository Center is as follows:

1. Clearing member must send a written notice to VSD to update information on registration file for clearing member in case trực tiếp bóng đá hôm nay euro information change:

a) The list trực tiếp bóng đá hôm nay euro members trực tiếp bóng đá hôm nay euro the Board trực tiếp bóng đá hôm nay euro Directors who are assigned to be in charge trực tiếp bóng đá hôm nay euro clearing and settlement trực tiếp bóng đá hôm nay euro derivatives transactions at Point 5, Section I trực tiếp bóng đá hôm nay euro the Business Note.

b) Points 2, 3, 4, 5, 6, Section II trực tiếp bóng đá hôm nay euro the Information Technology Note.

2. Clearing member must send a written request to VSD to approve the change trực tiếp bóng đá hôm nay euro information in the registration file for clearing member in case trực tiếp bóng đá hôm nay euro information change:

a) Section II trực tiếp bóng đá hôm nay euro the business explanation.

b) Point 1, Section II trực tiếp bóng đá hôm nay euro the Information Technology Note.

3. Clearing members must send a written notice and request VSD to issue the certificate trực tiếp bóng đá hôm nay euro derivatives clearing member to amend in case trực tiếp bóng đá hôm nay euro information change:

a) Name trực tiếp bóng đá hôm nay euro organization, head office, legal representative, charter capital.

b) Certificate trực tiếp bóng đá hôm nay euro eligibility to provide clearing and settlement services for derivatives transactions, issued by the State Securities Commission (hereinafter referred to as the State Securities Commission for short).

c) Type trực tiếp bóng đá hôm nay euro clearing member.

What are procedures for changing information trực tiếp bóng đá hôm nay euro registration file for clearing members at the Vietnam Securities Depository?

In Clause 4, Article 3 trực tiếp bóng đá hôm nay euro the Regulations on clearing members trực tiếp bóng đá hôm nay euro derivatives at the Vietnam Securities Depository, issued together with Decision 84/QD-VSD in 2022, there are regulations on procedures for changing information trực tiếp bóng đá hôm nay euro registration file for clearing members at the Vietnam Securities Depository are as follows:

4. Procedure for changing information trực tiếp bóng đá hôm nay euro registration file for clearing members

a) For the case specified in Clause 1 trực tiếp bóng đá hôm nay euro this Article: The clearing member shall send to VSD a written notice trực tiếp bóng đá hôm nay euro the changed information content within 07 working days from the effective date trực tiếp bóng đá hôm nay euro the change.

b) For the case specified at Point a, Clause 2 trực tiếp bóng đá hôm nay euro this Article: Within 07 working days from the date trực tiếp bóng đá hôm nay euro receipt trực tiếp bóng đá hôm nay euro a complete and valid dossier, and after the change, the professional process meets the processing requirements. managing the clearing and settlement trực tiếp bóng đá hôm nay euro derivative securities transactions between clearing members and VSD, VSD has written approval trực tiếp bóng đá hôm nay euro the change. In case trực tiếp bóng đá hôm nay euro refusal, VSD shall have a written explanation clearly stating the reason.

c) For the case specified at Point b, Clause 2 trực tiếp bóng đá hôm nay euro this Article: The process and time for handling the change shall comply with the regulations on guiding participants to connect to VSD's online communication portal for clearing activities, payment trực tiếp bóng đá hôm nay euro derivative securities.

d) For the case specified at Point a, Clause 3 trực tiếp bóng đá hôm nay euro this Article: Within 05 working days from the effective date trực tiếp bóng đá hôm nay euro the change, the clearing member must send a written notice to VSD enclosed with a dossier trực tiếp bóng đá hôm nay euro certification. trực tiếp bóng đá hôm nay euro the competent authority for the changed content (if any), VSD shall issue the revised Clearing Member Certificate to the clearing member according to Form 07/PS-TVBT issued together with this Regulation in within 2 working days from the date trực tiếp bóng đá hôm nay euro issuing the amended certificate trực tiếp bóng đá hôm nay euro depository members to clearing members.

dd) For the case specified at point b, clause 3 trực tiếp bóng đá hôm nay euro this Article: VSD shall issue a modified clearing member certificate to a clearing member according to Form 07/PS-TVBT issued together with this Regulation within 02 working days from the date trực tiếp bóng đá hôm nay euro receipt trực tiếp bóng đá hôm nay euro the written notice trực tiếp bóng đá hôm nay euro the clearing member together with a certified copy trực tiếp bóng đá hôm nay euro the certificate trực tiếp bóng đá hôm nay euro eligibility to provide derivatives clearing and settlement services issued by the State Securities Commission.

e) For the case specified at point c, clause 3 trực tiếp bóng đá hôm nay euro this Article: VSD issues a certificate trực tiếp bóng đá hôm nay euro clearing member trực tiếp bóng đá hôm nay euro derivatives, modified according to Form 07/PS-TVBT issued together with this Regulation, to clearing members. within 03 working days from the date the clearing member completes the following tasks:

- Send VSD a written request to change the type trực tiếp bóng đá hôm nay euro member together with a certified copy trực tiếp bóng đá hôm nay euro the document issued by the State Securities Commission related to the change trực tiếp bóng đá hôm nay euro the type trực tiếp bóng đá hôm nay euro member;

- To make additional payment to the clearing fund (if it is insufficient compared to regulations) when changing from a direct clearing member to a general clearing member;

- Liquidate all positions, escrow assets and fulfill payment obligations on accounts trực tiếp bóng đá hôm nay euro non-clearing members and customers trực tiếp bóng đá hôm nay euro non-clearing members (if any) in case trực tiếp bóng đá hôm nay euro changes from members general clearing to direct clearing members. The liquidation is done through a position closing transaction or a request for a transfer to settle the position and margin assets in accordance with the provisions trực tiếp bóng đá hôm nay euro VSD's Regulation on clearing and settlement trực tiếp bóng đá hôm nay euro derivatives transactions.

Best Regards!