Regulatory Alerts2018-01-23
SEC Memorandum Circular No. 3 Series of 2018: Filing of Annual Financial Statements and General Information Sheet
The Securities and Exchange Commission of the Philippines issued this memorandum to establish the filing schedule and requirements for Audited Financial Statements and General Information Sheets for the 2018 reporting period. The circular mandates that corporations with fiscal years ending December 31, 2017, submit their Audited Financial Statements according to a number-coding schedule based on their SEC registration number, while specifying distinct deadlines for listed companies, broker-dealers, and those audited by the Commission on Audit. Additionally, it requires the filing of General Information Sheets within 30 days of annual meetings and outlines authorized submission channels, including SEC Express Online Submission and courier services, to ensure orderly processing.