(NAR) VOL. 21 NO.3 JULY - SEPTEMBER 2010
1. Have total assets of Php50 million or more;
2. Have more than 40% foreign participation in their voting stock;
3. Have issued exempt or registered commercial papers.
The covered financing companies shall submit their Corporate Governance Scorecard to the Commission every three (3) years.
This Circular shall take effect immediately.
For the Commission:
(SGD.) FE B. BARIN
Chairperson