Regulatory Alerts2023-10-09
SEC MC No. 18, Series of 2023: Guidelines on Digital Submission and Reduction of Hard Copies
The Securities and Exchange Commission issued this memorandum circular to mandate the online submission of applications and compliance documents while significantly reducing the required number of hard copies. The guidelines specify that electronic submissions are deemed filed if received by 11:59 PM on business days and require the use of designated email addresses or platforms. After one year from effectivity, the Commission will cease accepting hard copies entirely, transitioning to a fully digital records system in alignment with sustainability and ease of doing business policies.
Share