Penalty for not joining Corporate Goverce Survey

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SEC MEMORANDUM CIRCULAR NO. 5, S. OF 2009: Penalty for not joining Corporate Goverce Survey

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Title Supreme Court: Penalty for not joining Corporate Goverce Survey

Law: Sec Memorandum Circular No. 5, S. Of 2009

Decision Date: Jun 8, 2009

The Securities and Exchange Commission imposes escalating penalties on publicly-listed companies for failing to participate in the mandated Corporate Governance Survey, starting with a reprimand and increasing fines for subsequent offenses.

penalty

corporate governance

compliance

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