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Draft Revised Guidelines on Beneficial Ownership Disclosure (Philippines)
Patricia O. Ko
- Corporate
- General Corporate
- Global Practice
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*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.
On March 12, 2020, the Philippine Securities and Exchange Commission (“SEC”) issued Memorandum Circular No. 6, series of 2020 on the guidelines for the attendance and participation of directors and shareholders at regular and special meetings through remote communication (the “Guidelines”) pursuant to the Revised Corporation Code or Republic Act No. 11232.
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