Prime Minister requests comprehensive review of securities trading system

On March 27, the Government Office issued Notice 122 on the Prime Minister's conclusions at the Conference on deploying the task of developing the stock market in 2024. In particular, the Prime Minister requested the Ministry of Finance to preside over and coordinate with relevant agencies to urgently deploy necessary measures to upgrade the stock market, especially focusing on resolving difficulties and obstacles to meet the upgrading criteria, and report the implementation results in June 2024.

Prime Minister requests urgent and comprehensive review of the stock trading system

At the same time, promote upgrading and building infrastructure systems to serve the operation of the stock market in a modern direction, strongly apply information technology, digital transformation, improve the quality of management and supervision of the stock market; create favorable conditions for enterprises, market institutions, and investors to participate in the Vietnamese stock market in the direction of harmonizing the interests of the State - enterprises - investors.

Direct the State Securities Commission to preside over and coordinate with relevant agencies to urgently review and thoroughly inspect the securities trading system and information technology system, proactively develop risk control procedures, measures to handle and respond to urgent situations, prevent technical incidents, ensure security and safety of the financial system, and investor rights.

Securities Commission warns about security after VNDIRECT was attacked

The State Securities Commission requires securities companies, fund management companies and related units to accelerate the restructuring of securities companies and fund management companies according to the Project "Restructuring the securities market and insurance market to 2020 and orientation to 2025" to ensure financial safety, improve risk management and corporate governance capacity, increase competitiveness, and develop professional services according to international standards. Continue to develop and improve the quality of securities companies' operations; improve financial potential, quality of human resources and develop in-depth technology systems; strengthen the role of market creation according to legal regulations...

In the market, from Sunday morning (March 24) until now, the system of VNDIRECT Securities Company has been attacked by the network, causing it to stop working, investors cannot trade. From the afternoon of March 27, VNDIRECT announced that the system has been restored and customers can access their accounts to check their balances. However, the resumption of trading is still pending.

Source: https://thanhnien.vn/thu-tuong-chinh-phu-yeu-cau-ra-soat-toan-dien-he-thong-giao-dich-chung-khoan-185240328090140655.htm