The Philippine Securities and Exchange Commission (“SEC”) issued SEC Memorandum Circular No. 17, series of 2023, titled Extension of Amnesty Applications until 06 November 2023 (SEC MC No. 17-2023 or the “Circular”) to grant a final extension up to November 6, 2023 for amnesty applications for late and non-filing of general information sheets (“GIS”), annual financial statements (“AFS”), as well as non-compliance with SEC Memorandum Circular No. 28, series of 2020 (Requirement for Corporations, Partnerships, Associations and Individuals to Create and/or Designate Email Account Address and Cellphone Number for Transactions with the Commission) (“MC28”).
The Circular refers applicants to the SEC Amnesty Microsite at https://amnesty.sec.gov.ph/ for updated information and relevant materials regarding the amnesty program and for guidance with the process for amnesty application. Read more >>
For further information, please contact:
ImeldaA.Manguiat, Partner, SyCip Salazar Hernandez & Gatmaitan
iamanguiat@syciplaw.com
