Regulatory Alerts2020-03-31
Circular To All Regulated Entities And The Market on COVID-19 Disclosure and Compliance
The Commission issued this circular to direct public companies and debt issuers to maintain continuous material disclosures regarding the COVID-19 pandemic’s impact on business operations, financial trends, and continuity plans. Entities planning annual general meetings must ensure strict compliance with the Companies and Allied Matters Act, Investments and Securities Act, and current health guidelines. Debt issuers are further required to engage trustees for ongoing disclosure management, with trustees obligated to submit regular updates directly to the Commission.
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