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Index of SEC Memorandum Circulars (2001-2016)


by: Atty. Jantzen Chua1
Authors Note: While rarely covering substantive regulations and rights,
SEC Memorandum Circulars provide compliance guidelines for corporations
and partnerships. Compliance requirements are basics which every junior
corporate lawyer must be knowlededgable on since junior lawyers are
frequently tasked to handle basic corporate matters before the SEC. This
index would allow professionals to quickly look for all SEC circulars
relevant to their engagements.

2016
15-2016
14-2016
13-2016
11-2016

10-2016
9-2016
8-2016
7-2016

6-2016
5-2016
4-2016
3-2016
1-2016

Guidelines on the Submission of the Sworn Statement and the


Certificate of Existence of Program by Foundations.
Changes to the GIS and Notification Update Format
Guidelines on the Issuance of Certification of Paid Up Capital
Deletes Bank Certificate of Deposit, Special Audit Report and
Primary Entry as requirements for registration or increase in
authorized capital stock.
Guidelines on the Issuance of Certificate of Nationality of NonStock Corporations
Submission of Monthly Complaint Reports by Brokers and
Dealers of Securities
Exemption of Mutual Fund Index Trackers from the 5%
Liquidity Requirement
Submission of basic credit data by financing companies,
lending companies and microfinance NGos to the Credit
Information Corporation
Requirement for Specific Address in Registration, GIS and
Notification Updates.
Guidelines on Petition to Set Aside Order of Revocation or
Suspension
Applicability of Judicial Affidavit Rule with Hearing Officers
Submission of Basic Credit Data by Financing Companies to
the CIC.
Guidelines on the Filing of the GIS and FS

Associate at P&A Grant Thornton (Member Firm of Grant Thornton International Limited), Admitted to the
Philippine Bar, 2015; Juris Doctor, University of the Philippines Diliman

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2015
8-2015
7-2015
6-2015
5-2015
4-2015
3-2015
2-2015

Guidelines on Corporate and Partnership Names


Rules for Accreditation of Special Accessing Entities
Guidelines on Use of Names of Dissolved or Revoked
Corporations
Guidelines on the Use of Corporate or Partnership Names
Submission of the Anti-Money Laundering Compliance Forms
for Financing and Lending Companies
Filing of Annual Corporate Governance Report for Listed
Companies
Guidelines on Accreditation for Corporate Governance
Speakers

2014
22-2014
21-2014
19-2014
18-2014
15-2014
14-2014
12-2014
8-2014
7-2014
5-2014
4-2014
3-2014
2-2014
1-2014

Guidelines on Notification Update Form for Foreign


Corporations
Guidelines on Computation of Corporate Term
Submission of Anti Money Laundering Compliance Reports
Posting of Corporate Governance Information in Publicly Listed
Websites
Filing by Foundations of Sworn Statement and Certificate of
Existence
Financing close corporations exempted from 2 independent
directors.
Updates and Changes in the Annual Corporate Governance
Report
Foreign Account Tax Compliance Act
Accreditation of Credit Rating Agencies
Outsourcing of Brokers/Dealers
Refund and Reapplication of Excess Filing Fees and Penalties.
Petition to Lift Order of Revocation of Primary Registration
Guidelines on Asset Valuation
Filing of Annual Corporate Governance Reports

2013
21-2013
20-2013

19-2013

Guidelines and Procedures on the Use of Corporate and


Partnership Names..
Board of Directors and Key Officers of Publicly Listed
Companies to attend Corporate Governance Trainings only
with SEC Accredited Training Providers
Used and Protection of The Red Cross, Red Crescent and Red

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18-2013
17-2013
15-2013
14-2013
13-2013
12-2013
11-2013
10-2013
8-2013
7-2013

6-2013
5-2013
4-2013
3-2013

1-2013

Crystal Emblems.
Posting of the Annual Corporate Governance Report (ACGR) in
company websites.
Guidelines on Applications for Re-registration of Corporations
with Dissolved or Revoked Certificates of Registration.
Policies and guidelines on the issuance of exempt commercial
papers by financing and lending companies
Guidelines Covering the Use of Properties that Require
Ownership Registration as Paid-up Capital of Corporation.
Guidelines on the conduct of valuation and issuance of a
fairness opinion for tender offers.
Amendments to ICA Rule 35-1 for Investment Companies
Financial Statements to support an application for a license to
transact business in the Philippines.
Updated General Information Sheet (GIS) Form
Guidelines on compliance with the Filipino-Foreign Ownership
requirement
Single Borrower Limit (SBL) and Credit Limit on Directors,
Officers, Stockholders and Related Interests (DOSRI) for
Lending Companies
Transition to New PFRS
Annual Corporate Governance Report
Documents to be filed by Non Stock Non Profit Organizations
and Foundations
Amendments of rules pertaining to the date of submission of
the Interim Semi-annual Financial Statements by Financing
and Lending companies.
Mandatory Incorporation of the Tax Identification Number
(TIN) of Foreign Investors in All Forms, Papers, and Documents
Filed with the SEC

2012
12-2012
10-2012
9-2012
8-2012
6-2012
5-2012
4-2012

Guidelines on the disclosure of transactions with retirement


benefit funds.
Rules and Regulations on Exchange Traded Funds
Revised Guidelines on Accreditation of Surety Companies
Undertaking to Change Corporate Name
Dispensation of Bank Certificate, Special Audit Report and
Primary Entry in Registration and Increase in Stock
Participation of Independent Directors in Employees Stock
Option Plan
Guidelines for the Assessment of the Performance of Audit

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3-2012
2-2012

Committee of Companies Listed on the Exchange


Revised Guidelines on the Implementation of PFRS 9
Guidelines on Securities Deposit of Branch Offices of Foreign
Corporations

2011
9-2011
8-2011

7-2011
4-2011
3-2011
2-2011

1-2011

Term Limits for Independent Directors


Guidelines on Reporting and Filing of Application for a
Certificate of Eligibility under the Special Purpose Vehicle Act
as Amended
Implementing of the Truth in Lending Act to Enhance Loan
Transaction Transparency
50,000,000 Cap of Exemption of Commercial Papers
Guidelines on the implementation of PFRS 9
Amendment to the Implementing Rules and Regulation (IRR) of
Republic Act No. 9856 or Real Estate Investment Trust (REIT)
Act of 2009
Scales of Fines for Non Compliance with Reporting
Requirements

2010
10-2010
9-2010
5-2010
4-2010
3-2010

2-2010
1-2010

Rules of Procedures on Appeals from Decision of Self


Regulatory Organizations (SROs)
Scale of penalties for lending companies
Coverage of Financing Companies by the Revised Code of
Corporate Governance
Guidelines on Property Valuation
Guidelines on the Issuance of Certificates of Eligibility under
the Special Purpose Vehicle Act and Status Report of
Registered Special Purpose Vehicle Corporation
Revised Guidelines in the preparation Anti-Money Laundering
Operating Manual for SEC Covered Institutions Guidelines
Adoption of the Broker-Dealer Chart of Accounts Chart
Account

2009
16-2009
13-2009

Reminders on the Preparation and Audit of Annual Financial


Statements
Revised guidelines on accreditation of auditing firms and
external auditors

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10-2009
9-2009
8-2009
7-2009
6-2009
4-2009
2-2009

Revised Minimum Trust Fund Contribution Rates for Pre-Need


Corporations
Qualification of Independent Directors
Scale of Fines for Non-compliance with the Financial Reporting
Requirements of the Commission
Resolution to further facilitate the registration and monitoring
of corporations.
Revised Code of Corporate Governance
Amendment to the Consolidated Scale of Fines
Amended Rules Governing Pre-emptive and other Subscription
Rights and Declaration of Stock and Cash Dividends of
Corporations whose Securities are Registered under the
Revised Securities Act or Listed in the Stock Exchange

2008
12-2008
11-2008
10-2008
9-2008
6-2008
5-2008
2-2008
1-2008

Business and Trade Name


Guidelines on the Determination of Retained Earnings
Available for Dividend Declaration
Amendments to Philippine Accounting Standards 39 and
Financial Reporting Standards 7
Guidelines on the Registration of All Outstanding Shares Prior
to Listings in the Philippine Stock Exchange
Guidelines on on-site verification of financial records relative to
certain applications filed with the commission
Guidelines and Procedures on the Use of Corporate and
Partnership Names
Guidelines on reporting and attestation of pro-forma financial
information
Publication of notices in newspapers

2007
5-2007
3-2007

Adoption of Philippine Accounting Standard (IAS) 1,


Presentation of Financial Statements (Revised 2007)
Amendments of Reportorial Requirements Templates

2006
16-2006
15-2006

Disqualification of a Securities Broker-Dealer as an


Independent Director
Guidelines on Compliance by Foreign Corporations with
Reportorial and Monitoring Requirements

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14-2006
13-2006
12-2006

10-2006
8-2006
6-2006
4-2006
2-2006

1-2006

Rules Governing Over The Counter (OTC) Market


Amended Guidelines on Accreditation and Reportorial
Requirements of External Auditors
Adoption of New and Revised Philippine Standards on
Auditing, Review Engagements, Assurance Engagements,
Quality Control, and Philippine Auditing Practice Statements
Amendment to the Guidelines on the Evaluation of Foreign
Investments by Mutual Fund Companies
Revised Guidelines on Foundations
Submission of General Information Sheet and the General and
Special Form for Financial Statements in Electronic Format
Philippine Financial Reporting Standards
All Non-stock, Non-profit Corporations, including NonGovernment Organizations (NGOs), that intend to engage in
Microfinance Activities in the Philippines
Guidelines on the Filling of Functional Currency Financial
Statements

2005
8-2005
7-2005
6-2005
2-2005
1-2005

Adoption of Philippine Accounting Standards (PAS)


Guidelines on the Evaluation of Foreign Investments By Mutual
Fund Companies
Consolidated Scale of Fines
SEC Online Submission Facility for Reports
Adoption of the Philippine Standards on Auditing and
Philippine Auditing Practice Statements

2004
18-2004
17-2004
16-2004
14-2004
12-2004
9-2004
8-2004
6-2004
4-2004

Required Paid-Up Capital of Head Office of Financing


Companies
Recording of Deeds of Assignment of Shares of Stock
Adoption of the Risk Based Capital Adequacy
Requirement/Ratio (RBCA) for Brokers Dealers
Amendments to Annex C of Rule 12
Guidelines in the Preparation of the Revised Anti-Money
Laundering Operating Manual for Covered Institutions
Consolidated Schedule of Fees and Charges
Certification Requirement for Compliance Officers
Audit Committee
Voting by Mail and One Share-One Vote Policy

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2003
15-2003
14-2003
11-2003
8-2003
4-2003
3-2003
2-2003

Requests for Legal Opinions


Guidelines on Preparation of Functional Currency Financial
Statements
Supervision Over Registered Corporations
Rotation of External Auditors
Revocation of Certificate of Registration of Corporations
Guidelines for the Accreditation of Appraisal Companies
Revised Scale of Fines

2002
17-2002
16-2002
13-2002
12-2002
2-2002

Schedule of Fees, Fines and Penalties for GSED


Guidelines On The Nomination And Election of Independent
Directors
Submission Of Annual Audited Financial Statements and
Quarterly Reports of Financing Companies
Submission of Special Forms For Financial Statements and
Quarterly Reports for Financing Companies
Application for Price Increase for Pre Need Plan Insurers

2001
15-2001
14-2001
13-2001
5-2001
4-2001
2-2001

Board Meeting Through Teleconferencing or


Videoconferencing (Tele/Video Conferencing)
Guidelines on the Compensation and/or Fees of Members of
MANCOM/ Receivers and Liquidators
For Lending Corporations and Investors
Annual Meetings and Proxy
Schedule of Fees, Fines and Penalties
Submission of SEC Reportorial Requirements

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