SEC reopens today

The Securities and Exchange Commission (SEC) will reopen today to address business applications after closing its offices in midMarch as a result of the Luzon-wide enhanced community quarantine.

Specifically, the SEC would cater to company registration and monitoring applications that have already been assessed and approved through online processing.

Starting today, the SEC’s Company Registration and Monitoring Department (CRMD) will resume work in its headquarters within the Philippine International Convention Center (PICC).

The CRMD will implement a four-day workweek, from Monday to Thursday, and shortened operating hours, from 9 a.m. to 4 p.m., during the modified enhanced community quarantine period.

However, despite resumption of on site operations, the CRMD will limit its activities to receiving proof of payment, signed and notarized copies of approved applications, and supplemental documents required during the processing.

The limited operations of the CRMD will likewise include the releasing of Certificates of Incorporation/ and Amendment and Confirmation of Payment, and orders in Petitions to Lift Order of Suspension or Revocations.

For the payment, the SEC will open payment facilities at its main office in Pasay City and at its former headquarters in Ortigas, Mandaluyong City starting May 26.

The SEC Extension Offices outside the National Capital Region earlier reopened at limited capacity

With the resumption of its operations, the SEC would implement strict social distancing and other health protocols to limit the spread of the coronavirus disease 2019 or COVID-19.

It will enforce a “no face mask, no entry” policy and limit the number of people allowed inside its offices, among others.