From September 25: Add tools to monitor public companies
Vice Chairwoman of the State Securities Commission Nguyen Thi Lien Hoa said that from September 25, 2013, the State Securities Commission officially used the electronic information disclosure data system (IDS) in monitoring public companies.
Public companies listed on the stock exchange must disclose information on the State Securities Commission's electronic information portal. Photo: Internet.
Accordingly, the implementation of the IDS system helps the state management agency of the stock market to access information quickly and promptly disclose information to the market. Therefore, investors can grasp information about enterprises to make reasonable investment decisions, minimizing risks due to slow or inaccessible information. At the same time, it supports the State Securities Commission in implementing the operations of analyzing, evaluating, forecasting the market and monitoring the reporting and disclosure of information of enterprises.
Because the information published through IDS includes: Periodic, irregular and published information; Information related to public offering of securities; Private issuance, issuance of shares to pay dividends, increase of charter capital from equity, ESOP; Treasury stock transactions, public offering...
In addition, to ensure the safety and security of the reported information, the IDS System uses high security technology to prevent illegal access, and to decentralize and authorize users according to assigned functions. In addition, the reporting data sent from public companies to the State Securities Commission is applied with public digital signatures to ensure the legality of the published information.
According to HQ Online- LT
