(NAR) VOL. 29 NO. 3/ JULY - SEPTEMBER 18
1. Audited Financial Statements of regulated entities of this Commission are considered public documents and are available upon request in accordance with the Freedom of Information (FOl) Manual of this Commission, except when:For strict implementation.a. The verification of the subject Audited Financial Statement being conducted by the Financial Services Group of this Commission has yet to be completed; or2. Annual Statements of the regulated entities of this Commission are considered public documents and are available upon request in accordance with the Freedom of Information Manual of this Commission, except when there is no approved synopsis by this Commission in accordance with Section 229 of the Insurance Code of the Philippines, as amended by Republic Act No. 10607 and Section 44 of the Pre-Need Code of the Philippines.
b. Upon completion of the verification, the concerned regulated entity has disputed or sought reconsideration of the result of the verification.
3. Unaudited/Interim/Quarterly Financial Statements submitted by regulated entities of this Commission are considered public documents and are available upon request in accordance with the FOI Manual of this Commission with remarks that the same are unofficial and unverified financial statements.
4. Documents submitted to this Commission as attachments or are required as a reportorial requirement but are primarily submitted to other government agencies (i.e. General Information Sheet, Income Tax Return, etc.) are not covered by this Circular. Such documents should be requested with the primary government agency tasked with the collection of such information.
5. In accordance with the FOI Manual of this Commission, requests for copies of the aforementioned financial documents should be requested with the Records Section of this Commission subject to the submission of the following requirements, to wit:a. Written Request; or6. Fees for reproduction apply in accordance IC Circular Letter No. 2014-15 dated 15 May 2014.
b. Duly accomplished Request Form;
c. Valid Identification Card of Requesting Party; and,
d. Letter of Authorization and Valid Identification Card, if made through a representative.