News & Updates

SEC Issues Guidelines for Processing of Requests for Statistics, Reports and Data, and Top 1000 Corporations Publications and Certifications

The Securities and Exchange Commission (“SEC”) adopted a Notice, dated 25 June 2020, concerning Requests For (1) Statistics, Reports and Data; (2) Top 1000 Corporations Publication; and (3) Certificate of Company Rank in the Top 1000 Corporations (“Notice”). In light of the Coronavirus Disease 2019 pandemic, the Notice prescribes guidelines regarding the processing of requests for the foregoing subject matter.

Requests shall be submitted to the Economic Research and Statistics Division (“ERSD”) via email at [email protected], with the following requirements:

 

Subject Line of Email Particulars to be provided by the Requesting Party
SRD ·         Information about the Requesting Party

o   Name

o   Address

o   Contact number

o   Email address

·         Purpose of the request

·         Details of the requested SRD

o   period covered

o   industry covered

o   geographical location covered

o   specific data elements requested

Top 1000 Corporations publication ·         Information about the Requesting Party

o   Name

o   Address

o   Contact number

o   Email address

·         Purpose of the request

·         Fiscal Year covered

Certification of Company Rank in the Top 1000 ·         Information about the Requesting Party or authorized representative

o   Name

o   Address

o   Contact number

o   Email address

·         Purpose of the request

·         Fiscal Year covered

·         Signed company endorsement/authorization letter indicating the name of the person(s) who will file the request and/or claim the Certification

Processing times will vary depending on the kind of Statistics, Reports and Data (“SRD”) requested: (a) simple requests: thirty (30) minutes; (b) complex requests: five (5) days and three (3) hours; highly technical requests: fifteen (15) days and four (4) hours.

Upon acknowledging receipt of the request, the ERSD will send an advice on the amount to be paid, which the requesting party must confirm by replying: “It is okay to proceed. Please send the signed Payment Assessment Form (PAF).” The ERSD will then email the signed PAF, which must be presented for payment before any of: (a) select Land Bank branches, the list of which may be accessed at http://www.sec.gov.ph/wp-content/uploads/2018/03/2018Notice_ListofLandbankbranchesforover-the-counterpaymentoftheSECOnlineCollection.pdf; (b) the SEC Building in EDSA, Mandaluyong City (near corner Ortigas Avenue), Monday to Friday, from 8:00 a.m. to 2:00 p.m.; or (c) SEC Main Office at the Secretariat Building, PICC Complex, Pasay City, Monday to Friday, from 9:00 a.m. to 3:00 p.m. Finally, the requesting party must email a copy of the Official Receipt (“OR”) in Portable Document Format (PDF) to [email protected].

Soft copies of SRD, Top 1000 Corporations publication, or Certificate of Company Rank will be released via email within the day of receipt of the OR, or the next working day if the OR is received on a weekend or holiday. As for Requests for Top 1000 Corporations in USB flash drive, these will be released by appointment, within three (3) working days upon receipt of the OR. An email confirmation will be sent out by the [email protected] regarding the date and time of appointment, which will be at the Economic Research and Training Department, G/F West Wing of the SEC Main Office, where the requesting party must bring a copy of the original OR. Release of hard copies of the Certification of Company Rank will follow the same procedure as Requests for Top 1000 Corporations in USB flash drive, except that the duly authorized claimant must present company identification with picture.