Law on Securities - Updates and Key Considerations - October 2020
RHTLaw Vietnam
5th October 2020
On 26 November 2019, the National Assembly promulgated Law No. 54/2019/QH14 on Securities (the "New Securities Law") with the aim at improving the current legal framework governing securities trading activities in Vietnam. The New Securities Law officially replaces the current Law No. 70/2006/QH11 on Securities (the “Current Securities Law”) and its guiding instruments as from 1 January 2020.
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