Amid the rapid expansion of online investment activities, on 26 March 2026, the State Securities Commission of Vietnam (SSC) issued an official warning regarding investment cooperation arrangements promoted and conducted through online applications and websites.

Accordingly:

• • Certain organisations and enterprises are utilising applications and websites on social media platforms (such as Tikop, Buff, Topi, etc.) to mobilise capital from investors through investment cooperation agreements. These funds are then entrusted to fund management companies to invest in financial products.
  • These capital mobilisation activities currently fall outside the scope of licensing, regulation, and supervision of the SSC under applicable securities laws.
  • In the event of disputes or risks, investors may not be protected under securities laws, as such investment cooperation agreements do not establish direct ownership of securities or financial products in accordance with legal regulations.
  • Therefore, the SSC strongly advises investors to exercise caution and conduct thorough due diligence on the legal basis, organisational structure, and operational model before participating in any transactions or investment cooperation through online applications or websites.

Recommendations from JSI

To safeguard investors’ interests, Japan Securities Co., Ltd. (JSI) recommends that investors:

• • Exercise caution when approached with investment opportunities via applications, websites, or social media platforms
  • Carefully review the licensing status, scope of operations, and legal risks of investment products before entering into any agreements
  • Conduct securities investment transactions only with organisations duly licensed and regulated in accordance with securities laws
  • Refrain from transferring funds or signing agreements without proper verification of information

JSI operates in strict compliance with Vietnamese securities regulations and under the licensing and supervision of competent regulatory authorities, with the objective of providing clients with a transparent, secure, and legally protected investment environment, as outlined in the Risk Disclosure Statement published on JSI’s official website.

JSI does not implement capital mobilisation programs in the form of investment cooperation via applications, websites, or social media platforms; does not entrust investments through unofficial platforms; and does not solicit investments through channels outside the Company’s official systems.

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In case of any doubts or for verification purposes, investors are advised to contact JSI through our official communication channels:

• • Website: japan-sec.vn
  • Hotline: +84 24 3791 1818
  • Email: jsi@japan-sec.vn

JSI commits to support investors and ensuring the highest standards of safety, transparency, and investor protection.

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– JAPAN SECURITIES CO., LTD. –