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SEC to reopen main office

By James A. Loyola

The Securities and Exchange Commission (SEC) i s reopening this week to cater to company registration and monitoring applications that have already been assessed and approved through online processing.

sec new logo2

The SEC Company Registration and Monitoring Department (CRMD) will resume work at the Com-mission’s headquarters within the Philippine International Convention Center (PICC) Complex in Pasay City starting tomorrow, May 26, following the easing of community quarantine protocols across the country.

The CRMD will implement a four-day workweek, from Monday to Thursday, and shortened operating hours, from 9 a.m. to 4 p.m., during the Modified Enhanced Community Quarantine (MECQ).

In the meantime, the CRMD shall limit its operations to receiving proof of payment, signed and notarized copies of approved applications, and supplemental documents required during the processing.

The limited operations of the CRMD will likewise include the releasing of Certificates of Incorporation/Amendment and Confirmation of Payment, and orders in Petitions to Lift Order of Suspension/Revocation and/or Correction.

In parallel, the SEC will open payment facilities at its main office in Pasay City and at its former headquarters in Ortigas, Mandaluyong City starting May 26.

It will accept payments for registration, filing and other fees from Monday to Friday, between 9 a.m. and 2 p.m. in Pasay City and 8AM and 3 p.m. in Mandaluyong City.

The SEC Extension Offices outside the National Capital Region have earlier reopened at limited capacity.
The SEC will operate with a skeleton staff and continue to adopt alternative work arrangements while quarantine measures remain in place.

The Commission will likewise implement strict social distancing and other health protocols to prevent the further spread of COVID-19. It will enforce a “no face mask, no entry” policy and limit the number of people allowed inside its offices, among others.

In this light, the SEC asks for patience while it works on returning to full operations. It also encourages the transacting public to utilize its online registration platforms to limit unnecessary movements amid the COVID-19 pandemic.


Source: Manila Bulletin (https://business.mb.com.ph/2020/05/24/sec-to-reopen-main-office/)

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