July 9, 2020
SEC NOTICE
| TO | : | All Interested Parties |
| SUBJECT | : | Draft Memorandum Circular on Signatories and Penalty for Non-Compliance with the Requirement of Manual on Corporate Governance |
The public is invited to submit their comments, feedbacks and inputs on the draft Memorandum Circular on Signatories and Penalty for Non-compliance with the Requirement of Manual on Corporate Governance on or before 19 July 2020 (Sunday). CAIHTE
It is requested that comments/inputs be emailed to [email protected] using the template provided.
Issued on July 9, 2020.
ATTACHMENT
SEC MEMORANDUM CIRCULAR NO. ______
Series of 2020
| TO | : | PUBLIC COMPANIES AND REGISTERED ISSUERS |
| SUBJECT | : | SIGNATORIES AND PENALTY FOR NON-COMPLIANCE WITH THE REQUIREMENT OF MANUAL ON CORPORATE GOVERNANCE |
Public Companies (PCs) and registered issuers (RIs) are mandated to submit a new Manual on Corporate Governance (MCG) pursuant to SEC Memorandum Circular No. 24, Series of 2019 1 within six (6) months from the effectivity date thereof, 2 or until 12 July 2020.
However, due to extraordinary circumstances brought about by the COVID-19 pandemic, the Commission, in its en banc meeting on 7 July...
