August 6, 2019
CORPORATE GOVERNANCE AND FINANCE DEPARTMENT
NOTICE
The Commission hereby requests comments on the attached draft Memorandum Circular on Disclosure Requirements on Advertisements of Financing Companies and Lending Companies and Reporting of Online Platforms.
Please submit duly signed written comments on the exposure draft to the Corporate Governance and Finance Department of this Commission within ten (10) days from the date hereof, by way of any of the following:
Letter | Corporate Governance and Finance Department |
[email protected] | |
Fax No. | (02) 818-5990 |
All interested parties are requested to use the attached Comments Table in submitting comments and proposed revisions.
Issued on August 6, 2019.
ATTACHMENTS
SEC MEMORANDUM CIRCULAR NO. ____
Series of 2019
TO : ALL FINANCING AND LENDING COMPANIES
SUBJECT : DISCLOSURE REQUIREMENTS ON ADVERTISEMENTS OF FINANCING COMPANIES AND LENDING COMPANIES AND REPORTING OF ONLINE PLATFORMS
DATE : __________ 2019
WHEREAS, the Commission is aware that Financing Companies (FCs) and Lending Companies (LCs) make their services known through various modes of advertisement, e.g., television, radio, billboard, websites, social media, etc. (Advertisements);
WHEREAS, the Commission also notes the proliferation of...
