Corporate Governance in the Time of COVID-19: Navigating New Horizons
May 22, 2020
The COVID-19 pandemic has forced companies to change the way that they do business. The fact that the National Capital Region is currently under a Modified Enhanced Community Quarantine (MECQ), and prior to that, was under Enhanced Community Quarantine (ECQ) for two months since 16 March 2020, makes it difficult for Philippine domestic corporations to navigate the Philippine business landscape and conduct business as usual. There is a need to adapt, and the Securities and Exchange Commission (SEC) has issued a number of regulations in an attempt to address certain issues that companies are facing.
SyCipLaw prepared a legal briefing to give its clients an overview of recent SEC regulations and to help them address corporate governance issues triggered by the current pandemic, or issues which have become more relevant because of it.
The following are some of the key points of the Corporate Governance briefing:
A. ECQ Guidelines on Setting up a Philippine entity
B. Guidelines on the Authentication of Constitutive Documents
C. Holding of Meetings when Social Distancing
D. How to Comply with Reportorial Requirements
E. Other SEC Processes and Guidelines
Please read the full text of the briefing here: https://tinyurl.com/SyCipLawCorpGov
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