The Deputy Prime Minister directs to closely supervise the financial, monetary and securities markets

DNHN - On March 30, 2022, on behalf of the Prime Minister, Deputy Prime Minister Le Minh Khai issued a document directing the implementation of measures to ensure the stock market operates stably, safely, smoothly and openly, transparency leading to a sustainable development.

The Deputy Prime Minister directed the Minister of Finance and the Governor of the State Bank of Vietnam to direct functional departments and units to actively monitor and supervise financial, monetary, and securities market developments. domestic and worldwide, so that they can take the lead in enacting legislation to regulate the financial, monetary, credit, and securities markets, ensuring that credit institutions operate in a stable, safe, and orderly manner.

The Minister of Finance and the Chairman of the State Securities Commission should direct functional agencies and units to actively and vigilantly monitor local and foreign stock markets, capital outflows, and capital flows. and enter the market to proactively have solutions for managing and supervising the stock market in an appropriate, timely, and situational manner, assuring the stock market's safety, transparency, and stability while avoiding risk. danger, loss of security Proactively share facts and implement solutions to help calm investor mood both domestically and internationally, as well as to defend investors' legitimate interests. 

Promote the assessment of methods and policies, as well as the completion of the legal framework for dealing with securities and securities market infractions, in order to provide strong sanctions, effective deterrent, and protection. ensure the stock market's transparency and soundness. 

Accordingly, the Ministry of Finance and the Chairman of the State Securities Commission directed the functional agencies and units to continue monitoring and handling early, decisively and effectively problems existing in the banking sector. securities such as the securities trading system, the disclosure of information of public companies and listed enterprises, the quality of corporate audit reports, etc.

The Deputy Prime Minister requested the agencies according to their assigned functions and tasks to proactively and strictly handle cases and violations on the stock market in accordance with the law, ensuring the stock market operates in a healthy and transparent manner. transparent, stable and secure. 

Huyen Tram