Latest organizational structure of the State Securities Commission
The State Securities Commission under the Ministry of Finance is responsible for managing and supervising the stock market, ensuring transparency and safety for investors.
Funds and tasks
The State Securities Commission is a unit under the Ministry of Finance, performing the function of advising, assisting the Minister of Finance for State Management of Securities and the Stock Market. The SSC is responsible for organizing the implementation of law on securities and securities market according to current regulations and according to the decentralization and authorization from the Minister of Finance.
SSCs play a role in building and developing a transparent and sustainable stock market, ensuring safety for investors, while supervising the activities of financial intermediaries in the securities sector.
At the same time, it is inc incumbent to submit to the Minister of Finance for submission to competent authorities for consideration and decision on legal documents related to securities and the stock market.
The State Securities Commission directly manages and supervises securities activities, operates the offering of securities to the public, manages listed companies, securities companies, and investment fund management companies.
This agency also performs the task of inspecting and examining the activities of the stock market, handling administrative violations in the securities sector, receiving citizens, handling complaints and denunciations and preventing corruption and negativity according to the provisions of law.
13 affiliated units according to the new decision
According to the new decision, the SSC includes the following units: the Securities Market Development Board, the Securities Offering Management Board, the Supervisory Board of the Public Company, the Securities Business Management Board, the Management Board of the Fund Management Companies and the Securities Investment Fund, the Securities Market Supervisory Board, the Legal Committee - Foreign Affairs, the Organizing Committee and the Human Resource Management, the Department of Technology, the Inspectorate of the Department Create securities.
Some units such as the Stock Market Supervision Board, the Technology and Digital Transformation Board, the State Securities Inspectorate and the Office have legal status, their own seal and account according to the provisions of law.
In addition, the specialized committees with affiliated groups, including the Securities Market Development Board, have 3 groups, the mass Supervisory Board has 4 groups, the Securities Business Management Board has 4 groups, technology boards and numbers with 5 groups, the securities market supervision board has 2 groups, the SSC inspection has 4 groups and offices with 5 groups.
Leadership apparatus
Leaders of SSC consists of a chairman and a number of vice presidents. The Chairman of the SSC is responsible to the Minister of Finance and the law for the entire operation of the SSC. The Vice Presidents are responsible to the Chairman of the SSC and the law on the field of work assigned.
According to the new decision, the State Securities Commission will continue to inherit its tasks, powers and responsibilities according to current legal regulations. The Chairman of the State Securities Commission is responsible for organizing and arranging for affiliated units to operate according to the new model within a maximum period of 3 months from the effective date of the decision.