Home » Markets » PwC helps manage risks on stock market

The State SecuritiePwC helps manage risks on stock markets Commission (SSC) and the Hanoi Stock Exchange on Wednesday clinched a cooperation deal with auditing and consulting group PricewaterhouseCoopers (PwC) to build up a risk management system on the local stock market.

The agreement aims to build an early warning system for local securities enterprises.

SSC chairman Vu Bang said that this system will help SSC supervise operations of securities firms, foresee possible risks to have timely solutions and avoid adverse impacts on the market.

Risk management should stay on the focus to help managing agencies respond to fluctuations on the financial and stock markets in Vietnam and overseas, Bang said at signing ceremony.

PwC will help the northern stock watchdog evaluate the current risk management status, systematize major risks and suggest solutions for problems.

(Sai Gon Times)

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