RegAlert2020-11-05
Added · Updated
Extension of Deadline to File Quarterly Financial Statements for the Period Ending September 30, 2020
The Securities and Exchange Commission granted a thirty-day grace period to public companies, capital market operators, and other regulated entities for submitting quarterly financial statements. This extension addresses operational disruptions that prevented these entities from convening meetings to consider reports originally due by October 30, 2020. The revised submission deadline is now set for November 30, 2020.
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The Securities and Exchange Commission (SEC) has noted the recent general disruption to business operations across the country and the challenges this may have posed on businesses. The SEC is also aware that the disruption to business operations may have prevented public companies, capital market operators and other regulated entities from convening meetings for the purpose of considering quarterly financial statements that were due to be filed/released by October 30, 2020. In view of the above, the SEC hereby grants public companies, capital market operators and other regulated entities, a thirty-day grace period for the submission of their quarterly financial statements. The quarterly financial statements are now due for submission by Monday, November 30, 2020. Signed:
SEC Management
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Source: Securities and Exchange Commission Nigeria — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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