Regulatory Alerts2021-01-07
MC No. 36 s. 2020 — 2020 Compliance Officer’s Certification
The Securities and Exchange Commission issued Memorandum Circular No. 36, Series of 2020, to simplify corporate governance reporting for public companies and registered issuers during the COVID-19 pandemic. This directive requires affected entities to submit a signed and notarized Compliance Officer’s Certification (CG Form-2020) in lieu of the Annual Corporate Governance Report, certifying substantial adoption of the Code of Corporate Governance. The form must be filed by January 29, 2021, covering the 2020 fiscal year, while publicly listed companies remain exempt and must continue submitting Integrated Annual Corporate Governance Reports.
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