Securities and Regulations Code and Code of

Corporate Governance

Regulated Entities
Group A
1. Issuers of registered securities
2. Issuers with a class of securities listed for trading in an exchange
3. Public companies or those which have total assets of at least P50,000,000 or such other amount as the
Commission shall prescribe, and having 200 or more holders each holding at least 100 shares of a class o
equity securities

Group B
1. Brokers and dealers of securities
2. Clearing agency and clearing agency as depository
3. Government Securities Eligible Dealers (GSEDs)
4. Investment houses or companies
5. Issuers of registered timeshares, proprietary and non-proprietary membership certificates
6. Stock and Securities Exchanges
7. Universal banks registered as underwriters of securities

Group C
1. Financing companies
2. Lending companies
3. Transfer agents

Findings to be disclosed to SEC

1. Any material findings involving fraud or error
2. Any finding to the effect that the consolidated assets of the company, on a going concern basis, are no lon
adequate to cover the total claims of the creditors
3. Losses or potential losses the aggregate of which amounts to at least ten percent (10%) of the consolidate
total assets of the company
4. Material internal control weaknesses which may lead to financial reporting problems

*a regulated entity shall report to the SEC its action on a report of its independent auditor pertaining to its
material findings within fiver (5) business days from the date the report is submitted by the independent
auditor

Documents filed with the Annual Audited Financial Statements and in the
Interim Financial Statements

Non-stock and non-profit A schedule showing the nature and amount of each items
organizations comprising the total receipts and disbursements according to
sources and activities
Foundations A sworn statement of the President and Treasurer on specific
sources of funds and application of funds with the information
on activities accomplished, on-going and planned
Financing companies, A statement showing financial soundness indicators in two
broker, dealer of comparative periods
securities & underwriters
Large and/or publicly- A schedule in table format, showing in the first column a list
accountable entities of all the effective standards and interpretations under the
PFRS as of year-end

Pro-forma Financial Information

a. Pro-forma condensed balance sheet d. Statements of changes in equity and accompanying
b. Pro-forma condensed statements of income explanatory notes
c. Cash flow statements
0 or such other amount as the
g at least 100 shares of a class of its

ship certificates

a going concern basis, are no longer

percent (10%) of the consolidated

g problems

ndent auditor pertaining to its

submitted by the independent

unt of each items

sements according to

Treasurer on specific
s with the information

s indicators in two

he first column a list

etations under the
n equity and accompanying