THE Securities and Exchange Commission (SEC)
has extended the deadline for
and individuals under its supervision to designate and
submit their official email
addresses and mobile phone
numbers to August 31, 2021.
Under SEC Memorandum
Circular No. 28, Series of 2020 (MC 28), 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 Commission said
it may 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 shall
include the complete name of the corporation, association, partnership, or
person; SEC registration number or identification number; and their duly
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
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.
Moving forward, the
email addresses and mobile phone numbers shall be included in the General
Information Sheet (GIS) or Notification Update Form regularly filed with the
Newly registered corporations, meanwhile, must
designate and submit their official and alternate email addresses and mobile
phone numbers within 30 days from the issuance of their certificates of
registration, license, or authority. PR