Code of Corporate Governance for Publicly-Listed Companies

November 22, 2016SEC MEMORANDUM CIRCULAR NO. 19-16 TO  :Publicly-Listed Companies   SUBJECT : Code of Corporate Governance for Publicly-Listed Companies To promote the development of a strong corporate governance culture and keep abreast with recent developments in corporate governance, the Commission in its en banc meeting 10 November 2016 resolved to approve the Code of Corporate Governance for Publicly-Listed Companies ("CG Code for PLCs"). The CG Code for PLCs supersedes the following Memorandum Circulars:a. SEC Memorandum Circular No. 6, series of 2009 (Revised Code of Corporate Governance);b. SEC Memorandum Circular No. 9, Series of 2011 (Term Limits for Independent Directors);c. SEC Memorandum Circular No. 20, Series of 2013 (All Members of the Board of Directors and Key Officers of Publicly Listed Companies to Attend Corporate Governance Trainings only with SEC Accredited Training Providers);d. SEC Memorandum Circular No. 9, Series of 2014 (Amendment to the Revised Code of Corporate Governance); ande. Parts VI (Duration of Training) and VII (Exemption from SEC Memorandum Circular No. 20, Series of 2013) of SEC Memorandum Circular No. 2, Series of 2015...