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According to the State Securities Commission (SSC), on December 15, 2025, the SSC Inspectorate issued Decision No. 514/QĐ-XPHC regarding administrative penalties in the securities and stock market sector against TC Capital Vietnam Securities Investment Consulting LLC (TC Capital Vietnam). The company’s headquarters is located at Lot 6, 1st Floor, Hoang Thanh Building, 114 Mai Hac De Street, Hai Ba Trung District, Hanoi.
TC Capital Vietnam was fined VND 85 million for failing to maintain a personnel structure that meets regulatory requirements. Specifically, the company assigned the head of the internal control department to concurrently oversee the risk management, anti-money laundering, and counter-terrorism financing departments.
Additionally, the company was fined VND 92.5 million for failing to disclose mandatory information as required by law, including: annual reports for 2022, 2023, and 2024; notifications, agendas, and materials for annual Members’ Council meetings; and meeting minutes, resolutions, and accompanying documents for the Members’ Council in 2023, 2024, and 2025.
The total fine imposed on TC Capital Vietnam amounts to VND 177.5 million.
Established in 2008 under the SSC’s license, TC Capital Vietnam operates as a securities investment consulting firm.
In recent developments, the company has experienced significant personnel changes. On December 15, 2025, the Members’ Council decided to remove Ms. Phan Ha Thu from her position as a member of the Inspectorate Board.
Earlier, on November 13, 2025, the Members’ Council convened to remove Mr. Tommy Tan from his position as Chairman of the Members’ Council and Mr. Dang Quoc Hung as CEO and Legal Representative, effective the same day.
Conversely, Ms. Vu Thanh Van was appointed as Chairwoman of the Members’ Council, CEO, and Legal Representative of TC Capital Vietnam, effective November 13, 2025.
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