According to the roadmap, in the first and second quarters of 2026, the State Securities Commission will coordinate with the Vietnam Securities Depository and Clearing Corporation (VSDC) to issue a Circular replacing Circular No. 119/2020/TT-BTC dated December 31, 2020 of the Ministry of Finance guiding the registration, custody, and settlement of securities transactions.
From Q3 2025 to Q4 2026, the Accounting and Auditing Supervision Department will coordinate with the State Securities Commission and VSDC to issue a Circular replacing Circular No. 89/2019/TT-BTC dated December 26, 2019, of the Minister of Finance guiding accounting practices applicable to VSDC, in order to provide accounting guidance for accounting transactions arising from the implementation of the CCP mechanism.
Between Q3 2025 and Q1 2026, the State Securities Commission will coordinate with VSDC and relevant units to prepare for the establishment of a subsidiary of VSDC to perform CCP functions.
Also in 2026, VSDC and its members will take preparatory steps to implement the CCP mechanism for the underlying securities market from the first quarter of 2027.
Source: https://hanoimoi.vn/lo-trinh-trien-khai-co-che-doi-tac-bu-tru-trung-tam-cho-thi-truong-chung-khoan-co-so-709480.html
![[Photo] Prime Minister Pham Minh Chinh attends the Conference summarizing and implementing tasks of the judicial sector.](/_next/image?url=https%3A%2F%2Fvphoto.vietnam.vn%2Fthumb%2F1200x675%2Fvietnam%2Fresource%2FIMAGE%2F2025%2F12%2F13%2F1765616082148_dsc-5565-jpg.webp&w=3840&q=75)
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