Regulatory Alerts2020-03-18
SEC MC No. 09 s.2020 — Guidelines for the filing of the General Information Sheet (GIS) during the COVID-19 Outbreak and Enhanced Community Quarantine
The Securities and Exchange Commission of the Philippines issued this memorandum to ease compliance burdens on corporations during the COVID-19 outbreak and Enhanced Community Quarantine. It mandates that General Information Sheets for held elections be submitted within thirty days via mail, courier, or email, while requiring notices for postponed elections to specify new dates within sixty days. The guidelines also outline specific reporting requirements for non-holdings and allow for the extension of coverage periods based on evolving health developments.
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