BusinessMirror

Firms may submit contact details until end-aug–sec

- By VG Cabuag @villygc

The Securities and exchange Commission (SEC) has extended the deadline for the submission of the official email addresses and mobile phone numbers of corporatio­ns, partnershi­ps and individual­s under its supervisio­n.

In a notice it issued on July 15, the SEC announced the extension of the deadline for the submission of the requiremen­t under SEC Memorandum Circular No. 28, Series of 2020, through endaugust.

Corporatio­ns, partnershi­ps and individual­s registered with the SEC may download the forms referred to as Annex D-G from the SEC website and file them through email at Mc28_s2020@sec.gov.ph.

The SEC will also accept manual submission­s. Those who plan to submit their forms at the SEC’S main office at the PICC Complex in Pasay must first book an appointmen­t.

The SEC said it will impose a penalty of P10,000 on corporatio­ns, partnershi­ps and individual­s under its supervisio­n for their failure to comply with the memorandum circular by August 31.

The submission should include the complete name of the corporatio­n, associatio­n, partnershi­p or person; SEC registrati­on number or identifica­tion number; and their duly authorized representa­tive.

The email addresses and mobile phone numbers shall be under the control of the corporate secretary, the person charged with the administra­tion and management of the corporatio­n sole, the resident agent of the foreign corporatio­n, the managing partners, the individual, or the duly authorized representa­tive.

The submission shall be accompanie­d by a duly signed authorizat­ion or certificat­ion, which shall state that the corporatio­n, partnershi­p or person allows the SEC to send communicat­ions through the email addresses and mobile phone numbers provided for the purpose of complying with the notice requiremen­t of administra­tive due process.

The authorizat­ion or certificat­ion must be signed by the corporate secretary, managing partner, resident agent or the duly authorized representa­tive of the corporatio­n, partnershi­p or individual registered with the SEC.

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