Regulatory Alerts2025-12-15 | 115/2025/TT-BTCAdded · Updated
Circular 115/2025/TT-BTC amending certain provisions of Circular 118/2020/TT-BTC on securities issuance and public company registration
The Ministry of Finance of Vietnam issued Circular 115/2025/TT-BTC to amend and supplement Circular 118/2020/TT-BTC regarding securities issuance and public company registration. The regulation introduces new reporting templates for international financial institutions and non-public securities companies, while imposing strict 24-hour notification and 20-day completion deadlines for public companies altering share buyback plans or selling treasury shares. These amendments, which also update and abolish specific annexes, take effect on January 28, 2026, to ensure greater transparency and compliance in capital market operations.
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