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Securities and Exchange Commission, MCLE, Corporate Governance, Updates and Compliance, RegulationsMemorandum Circulars, Revised Corporation Code

New Year SEC Updates

SEC MCLE
Training investment is inclusive of an e-certificate and a printed learning material

P 4,880.00 / person - when you register and pay on or before December 30

P 5,880.00 / person - Regular Rate

*Optional:
a) Add 450 for a printed copy of a certificate
    of attendance inclusive of delivery charge
b) Add 300 for MCLE Activity Fee for LAWYERS

   who want to earn MCLE 
credit units from this training.                                          


THURSDAY & FRIDAY, JANUARY 30 & 31, 2025 * 1:00PM TO 5:00PM VIA ZOOM


The implementing rules and regulations of the Revised Corporation Code of the Philippines that took effect on February 23, 2019 are released by the Securities and Exchange Commission through memorandum circulars (MCs).

This two-session executive briefing via Zoom will comprehensively discuss all the 2024 SEC Memorandum Circulars, provide interpretation and guidance on regulations that are still relevant or have become irrelevant, and recent jurisprudence affecting all corporations in the Philippines.

It is your business to know the significant changes in the rules to help you in your compliance, in structuring your deals, and to avoid the legal pitfalls when making decisions in board and management meetings or when doing business and investing in the Philippines.



COURSE DIRECTORS & MASTER TRAINERS



Atty. Emmanuel Y. Artiza


He is the general accountant of the SEC. Concurrently, he holds other various positions including being SEC Alternate Representative to the Auditing and Assurance Standard Council and Financial Reporting Standards Council and a Member of the Philippine Interpretations Committee among many other positions.

Aside from being the SEC General Accountant, he is currently serving as Chairman of the SEC Bids and Awards Committee, SEC Alternate Representative to the Auditing and Assurance Standard Council and Financial Reporting Standards Council and a Member of the Philippine Interpretations Committee. He also served as Head of the SEC Hearing Panel Handling Rehabilitation and Liquidation Cases.

He has attended various International Training Courses, Seminars and Workshops related to accountancy and audit:
      - 2019 International Forum of Independent Audit Regulators Plenary Meeting held Greece
      - World Standard Setters Conference in London UK last October
      - ASEAN Audit Regulators Group Inspection Workshops and
      - The US Public Company Accounting Oversight Board (PCAOB) International Institute.


Atty. Justina Fernandez Callangan


She served as Director of the Corporate Governance and Finance Department of the Securities and Exchange Commission until her retirement in 2017. Her responsibilities included the supervision of companies that are covered by various Codes of Corporate Governance.

She also currently holds the following positions in different companies:

Independent Director of Panasonic Manufacturing Philippines Corporation
Independent Director of the Vista Land & Lifescapes, Inc.
Independent Director of Orix Metro Leasing and Finance Corporation
Independent Director of AIB Money Market Mutual Fund, Inc.
Director of the Securities Investor Fund, Inc.
Consultant of the ASA Philippine Foundation, a Microfinance NGO


Mr. Kama Neson Ganeson, CSP, CSRP, CSAP, CGOV, CCP, BCMS, CORS, PMI-RM, CLA-ISMS, CAPM & PMP


He is an international master trainer conducting quality training programs in Vietnam, Malaysia and the Philippines both for the private and public sectors.

He is an expert in sustainability, holding triple certifications that underscore his expertise in the field:

CSP - Certified Sustainability Professional (GRI Standard)
CSRP - Certified Sustainability Reporting Professional (ISSB Standard)
CSAP - Certified Sustainability Assurance Professional

He is a sought-after trainer with over 30 years of industry experience in Sustainability Management (ESG – Environment Social & Governance Sustainability Management Auditing - AA 1000, Sustainability Events Management), Business Continuity, Crisis Management, Enterprise Risk Management, Information Security Management and Quality & Productivity Management.

He is also an expert and seasoned practitioner for various management systems including ISO 9001, 10002, 14001, 18001, 22301, 31000, 20000, TS16949, 27001.

He is a former vice president, head of Total Quality Management, and chief risk officer of Megawide Corporation. In his four-year stint with the organization, he was also the designated coach and master trainer on various training programs for all front-line directors and project managers.

Who Should Attend?


    Chairman / Vice Chair

    Board Directors

    Corporate Secretaries

    Compliance Officers

    Key Management Officers

    Lawyers/ Accountants

    Entrepreneurs / Investors

    Business Consultants


This SEC-accredited Corporate Governance training will comprehensively discuss not only the updated and new memorandum circulars but will also provide interpretation, guidance on rules that are still relevant and what has become irrelevant, and valuable insights on the Revised Corporation Code of the Philippines based on the updates that will be presented.


2024 SEC MEMORANDUM CIRCULARS

DAY 1 OF 2: Thursday, January 30, 2025 (1PM to 5PM)

Memorandum Circular No. 1 series of 2024
Adoption of Philippine Financial Reporting Standards (PFRSs) and Philippine Interpretations Committee Questions and Answers (PIC Q&As)

Memorandum Circular No. 3 series of 2024
Guidelines on the Use of eAmend Portal

Memorandum Circular No. 6 series of 2024
Updated Fines and Penalties on the Late and Non-Submission of Audited Financial Statements (AFS), General Information Sheet

Memorandum Circular No. 7 series of 2024
Removal of the Minimum Commission Charged by PSE Stockbrokers

Memorandum Circular No. 8 series of 2024
Guidelines for Cornerstone Investors in Initial Public Offerings

Memorandum Circular No. 9 series of 2024
SEC Stratbox (Strategic Sandbox)

Memorandum Circular No. 10 series of 2024
Electronic SEC Universal Registration Environment (eSECURE)

Memorandum Circular No. 11 series of 2024
Minutes of the Meeting of Stockholders

Memorandum Circular No. 08 series of 2023
Securing & Expanding Capital for Farms & Agri-Business Related Modernization Schemes (SEC FARMS)

Memorandum Circular No. 12 series of 2024
Securing & Expanding Capital in Real Estate Investments Transaction (SEC RENT)

Memorandum Circular No. 4 series of 2024
Securing & Expanding Capital for PowerGen Operators & Wholesale Electricity & Retail Services (SEC POWERS)

Memorandum Circular No. 13 series of 2024
Enhanced Compliance Incentive Plan

Memorandum Circular No. 14 series of 2024
Guideline on the Accreditation of Personal Equity and Retirement Account (PERA) Market Participants

Memorandum Circular No. 15 series of 2024
Guidelines on Security of PERA Administrators

Memorandum Circular No. 16 series of 2024
Deferral of Philippine Financial Reporting (PERS) 17, Insurance Contracts

Memorandum Circular No. 17 series of 2024
Extension of Enhanced Compliance Incentive Plan Application until 31 December 2024

Memorandum Circular No. 18 series of 2024
Guidelines on The Disclosure of Fee-Related Information of External Auditors


Day 2 of 2: Friday, January 31, 2025 (1PM to 5PM)

Memorandum Circular No. 5 series of 2024
Guidelines on the Philippine Sustainable Finance Taxonomy



Those from the government are exempted from the P2,800.00 per day limit set by COA for attending training provided by the private sector based on the NEW Department of Budget and Management Circular No. 596 dated January 20, 2025.

Attending this training is not covered by the newly-enacted Procurement Law (R.A. 12009) based on its IRR’s Section 4.4-b, which classifies training continuing education, conferences and similar activities as "non-procurement activities that shall be governed by applicable COA, CSC, and DBM rules".
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Contact Details
For clarification or request for an invitation letter, you may reach out to:

Contact Person: Kyra Gayle Villanueva
Mobile Number (+63 968) 851-2347
Telefax: (+632) 8842-7148 or 59
Email: kyra.cgbp@yahoo.com


Account Name: Center for Global Best Practices Foundation, Inc.

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