VietnameseCircular 88/2025/TT-BTC issued by the Ministry of Finance on September 03, 2025, has amended and supplemented regulations on electronic reporting for securities investment fund management companies and branches of securities companies.
According to Articles 1 and 2 of Circular 88/2025/TT-BTC, representative offices and branches of foreign securities companies and fund management companies in Vietnam are required to submit periodic reports in electronic form through the State Securities Commission's database system. This regulation aims to enhance transparency and efficiency in information management while minimizing complex administrative procedures.
Specifically, Clause 4 of Article 12 and Clause 5 of Article 21 in Circular No. 97/2020/TT-BTC have been amended to require periodic reports to be submitted electronically. This means that companies are no longer required to submit reports in paper form, except in cases of force majeure.
Similarly, Article 3 of Circular 88/2025/TT-BTC also amends Clause 4 of Article 29 in Circular No. 99/2020/TT-BTC, requiring securities investment fund management companies to submit periodic reports in electronic form. This helps to synchronize the reporting process and facilitates monitoring and supervision by the regulatory authorities.
In cases where reports cannot be submitted through the electronic system due to force majeure reasons such as network or server issues, reporting entities must notify the State Securities Commission and may submit reports via email or paper documents. As soon as the issue is resolved, the reports must be fully updated in the database system of the State Securities Commission.
Circular 88/2025/TT-BTC takes effect on October 20, 2025, requiring companies and related organizations to strictly comply with these new regulations.
