Insight

Timestamping for securities: proving the moment and integrity of every order

Securities firms must record when orders are received and prove records are unaltered. Trusted timestamps make that evidence hard to dispute.

Securities firms must record order receipt times, keep transaction evidence and show that electronic records are reliable. Without traceable records, verifying transactions and resolving disputes is difficult.

The legal basis includes the Law on Electronic Transactions 2023, Decree 23/2025/ND-CP (Articles 24 and 32 on timestamp services), Circular 134/2017/TT-BTC as amended by Circular 73/2020/TT-BTC, and Circular 121/2020/TT-BTC on order records.

A timestamp proves that data existed at a given moment and reveals any later change. With digital signatures, identity verification and system logs, it supports reconciliation and dispute resolution.

TrustCA Timestamp with long-term validation (LTV/LTANS) keeps electronic archives legally valid for 5, 10, 20 years or permanently, and works with TrustCA Remote Signing, SAM Appliance, SAVIS Signing Server, Smart eContract and HSM or USB-token certificates.

Media contact: dichvuso@savis.vn

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