The Securities and Exchange Commission is giving corporations, partnerships, and individuals under its supervision until Aug. 31 to designate and submit their official email addresses and mobile phone numbers.
In a notice issued on July 15, the agency announced the further extension of the deadline for the submission of the requirement under SEC Memorandum Circular 28, s. 2020.
Stock and non-stock corporations, one person corporations, and partnerships registered with the SEC may download the MC28 compliance forms referred to as Annex D-G from the SEC website and submit it through email at [email protected].
The SEC may impose a penalty of P10,000 on corporations, partnerships, and individuals under its supervision for failure to comply by Aug. 31.
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 authorized representative.
Registered corporations, partnerships, or individuals who are unable to create email accounts due to lack of Internet connection in their principal office addresses may only submit their official and alternate mobile phone numbers to comply with MC 28 initially.
The email addresses and mobile phone numbers indicated in their MC28 compliance forms shall be included in the General Information Sheet or Notification Update Form regularly filed with the SEC.
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.
The SEC requires corporations, partnerships, and individuals under its jurisdiction to designate their official email addresses and mobile phone numbers, as well as alternate email addresses and mobile phone numbers, to facilitate the transmission of official communications and online transactions.
Corporations, partnerships, and individuals registered with the SEC may receive from or file with the SEC orders, decisions, notices, requests, pleadings, and other documents through email using their official and alternate email addresses and mobile phone numbers.
The SEC may likewise require the designated official and alternate email addresses and mobile phone numbers in online transactions such as the submission of financial statements, the GIS and other annual reports through the online submission tool.
For inquiries and other concerns, the public may reach the SEC Baguio Extension Office through email at [email protected] or contact (074) 309-5804, 0945-356-4001, and 0939-325-3657.
The public is advised to monitor the SEC website at www.sec.gov.ph and official Facebook page at www.facebook.com/PhilippineSEC for more information and announcements. –Press release
April 26, 2024
