In accordance with this Decision, head offices, branches, transaction offices (hereinafter called offices) of securities companies must be in Vietnam’s territory, at the defined addresses with number of room (if any), number of floors, name of building (for leasing office buildings), house number, name of street or name of commune (ward or township), district (district, town or provincial-level city), province (municipal cities); the right to use offices of a securities company is at least one year, from the date when such securities company applies dossier for establishment and operation permits or dossier for location changes; the minimum floor area of securities transaction at head office with professional activity on securities broker is 100m2.
Additionally, beside general material facilities such as office equipment system; provision system; information and data storage system; confidential and security system, it is also compulsory to have material facilities in service for securities broker activities such as counters system; seats for investors; system of information disclosure; server system; storage system; order input and output system; command transfer system...Material facilities in service of securities self-business such as servers system; command transfer system; software system; storage system.
This Decision takes effect on the signing date.
