SEC sets deadlines for submission of annual reports
MANILA - The Securities and Exchange Commission (SEC) has set the deadlines for the submission of the audited financial statements (AFS) and general information sheet (GIS) of corporations through the electronic filing and submission tool (eFAST). The Commission on February 8 issued SEC Memorandum Circular No. 2, series of 2022, which provides the schedules for filing of annual financial statements and general information sheet. Starting this year, all stock and nonstock corporations are required to submit their annual reports online through eFAST, previously called the online submission tool,...