The Securities and Exchange Commission - Cebu Extension Office (SEC-CEBEO) held the 11th session of their Amnesty Hours seminar series on August 9, 2023. The SEC-CEBEO invited interested corporations to attend the seminar series to learn about the SEC Amnesty Program and how to identify and avoid investment scams. Held on Wednesdays from 2:00 pm to 4:00 pm, the informative seminar has benefitted 177 corporations, partnerships, and firms to date from its initial launching in July 2023. Participants take advantage of the Q&A portion to clarify all their concerns regarding the amnesty and their reportorial requirements. Pursuant to Memorandum Circular (MC) No. 9, series of 2023, the SEC has extended its Amnesty Program until 30 September 2023 and simplified its application process. The Amnesty Program is a waiver or reduction of fines and penalties for the non-filing or late filing of reportorial requirements and non-compliance with Memorandum Circular No. 28 (MC28), series of 2020 w
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