SSC proposes to simplify procedures and add new mechanisms in the securities sector

Lục Giang |

The SSC is seeking opinions on the draft revised Securities Law, which proposes to cut administrative procedures and simplify investment and business conditions.

On June 15, 2026, in Hanoi, the State Securities Commission (SSC) organized a workshop to contribute opinions on the draft Securities Law.

Speaking at the opening of the Conference, Mr. Bui Hoang Hai - Vice Chairman of the SSC said that after more than 5 years of implementation, the 2019 Securities Law and the system of guiding documents have created a relatively complete, synchronous and unified legal framework for securities activities and the stock market; timely institutionalizing the guidelines and policies of the Party and State, contributing to ensuring the fair, public, transparent, safe and protected rights and legitimate interests of investors.

In the process of implementation, legal regulations on securities continue to be reviewed and improved to meet management requirements and be consistent with market development. The National Assembly has promulgated Law No. 56/2024/QH15 along with the Government and the Ministry of Finance amending and supplementing guiding documents for implementation, thereby promptly removing many difficulties and obstacles in practice, contributing to strengthening investor confidence and supporting the goal of market upgrade.

However, in the face of new development requirements, when completing institutions identified as "breakthroughs of breakthroughs", along with the trend of digital transformation, innovation, promoting administrative procedure reduction, developing the private economy and building a modern, transparent, efficient, and sustainable capital market, many new issues have been raised but have not been regulated or not fully regulated in the current Securities Law.

Continuing to amend and supplement a number of articles of the Securities Law is necessary to solve urgent issues from practice, meet the development requirements of the stock market in the new stage, international integration requirements, the rapid development of information technology as well as the requirement to improve the efficiency of state management in the securities sector," Vice Chairman Bui Hoang Hai emphasized.

Regarding specific content, the Vice Chairman of the SSC said that the draft Law focuses on three major policy groups, including: continuing to simplify investment and business conditions and administrative procedures in the securities sector; supplementing the legal basis for a number of new issues in line with the development trend of the international financial market such as controlled testing mechanisms, bond payment guarantee organizations...; and at the same time amending and supplementing regulations on electronic transactions, securities practitioners, activities of securities business organizations, securities investment funds and policies to ensure high-quality human resources for the securities industry.

Toàn cảnh Hội thảo. Ảnh: SSC
Overview of the Conference. Photo: SSC

At the Workshop, delegates were introduced to the key contents of the draft Law; and listened to presentations and contributions from market members, international organizations and experts on contents related to information disclosure, simplification of administrative procedures in securities offering, electronic transactions, controlled testing mechanisms and capital market development solutions.

The SSC said it will continue to summarize, research, and fully absorb the opinions contributed at the Workshop as well as the written opinions of ministries, branches, organizations, businesses and affected parties to complete the draft Law according to regulations.

Lục Giang
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