December 24, 1981
SEC MEMORANDUM CIRCULAR NO. 01-81
| TO | : | All Financial Intermediaries Authorized by the Central Bank to Engage in Quasi-Banking Functions |
| SUBJECT | : | Filing of Information Statement and Payment of Exemption Fees. |
Pursuant to Sections 5 and 15 of the New Rules on Registration of Short Term Commercial Papers implementing P.D. No. 678, as amended by P.D. No. 1798, every financial intermediary authorized by the Central Bank to engage in quasi-banking functions with authority to issue commercial papers valid and subsisting as of December 11, 1981, the date of effectivity of the said Rules, shall file with the Money Market Operations Department of the Commission an Information Statement annually not later than thirty (30) days after the end of each calendar year in the form prescribed for the purpose and shall pay to the Commission an annual exemption fee of P10,000.00. LibLex
Failure to file the required Information Statement within the period prescribed, shall be subject to the administrative sanctions provided for under Section 18 of the New Rules.
For strict compliance.
MANUEL G. ABELLO
Chairman
INFORMATION STATEMENT
of
Financial Intermediaries Authorized by the...
