| CONTACT: |
| Supreme Court of the Philippines Library Services, Padre Faura, Ermita, Manila, Philippines 1000 |
| (632) 8524-2706 |
| libraryservices.sc@judiciary.gov.ph |
(NAR) VOL. 24 NO. 4 / OCTOBER - DECEMBER 2013
[ SEC MEMORANDUM CIRCULAR NO. 20, S. 2013, January 01, 2014 ]
ALL MEMBERS OF THE BOARD OF DIRECTORS AND KEY OFFICERS OF PUBLICLY LISTED COMPANIES TO ATTEND CORPORATE GOVERNANCE TRAININGS ONLY WITH SEC ACCREDITED TRAINING PROVIDERS
The Commission, pursuant to its regulatory and supervisory power under Section 5 of the Securities Regulation Code, hereby directs all key officers and members of the board of publicly-listed companies (PLCs) to attend, at least once a year, a program on corporate governance conducted by training providers that are duly accredited by the Commission.
Participants, through the corporation, shall submit a Certificate of Attendance within ten (10) days from the completion of the program.
This circular shall take effect on January 1, 2014.
For the Commission:
(SGD) TERESITA J. HERBOSA
Chairperson