Regulatory Alerts2014-01-01
Circular No. 5 of 2014
The Authority mandates that all supervised companies submit their financial statements to the Instruments and Financial Reports Sector at its headquarters, effective for fiscal periods ending on or after March 31, 2014. To streamline submissions and prevent late-filing penalties, companies must designate authorized representatives via a legal power of attorney, which may list multiple employees. These standardized procedures unify submission protocols and ensure timely receipt of financial reports by the competent authority.
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