SyCip Salazar Hernandez & Gatmaitan
October 23, 2023 - Philippines
SEC MC No. 17-2023 Bulletin
The Philippine Securities and Exchange Commission ("SEC") issued SEC Memorandum Circular No. 17, series of 2023, titled Extension of Amnesty Applications until 06 November 2023 (SEC MC No. 17-2023 or the "Circular") to grant a final extension up to November 6, 2023 for amnesty applications for late and non-filing of general information sheets ("GIS"), annual financial statements ("AFS"), as well as non-compliance with SEC Memorandum Circular No. 28, series of 2020 (Requirement for Corporations, Partnerships, Associations and Individuals to Create and/or Designate Email Account Address and Cellphone Number for Transactions with the Commission) ("MC28").
The Circular refers applicants to the SEC Amnesty Microsite athttps://amnesty.sec.gov.ph/for updated information and relevant materials regarding the amnesty program and for guidance with the process for amnesty application.Read more >>