SEC transfers P2B to national treasury for COVID-19 response

The Securities and Exchange Commission (SEC) has transferred ₱2 billion to the national treasury to support the government's response to the COVID-19 pandemic.

This contribution was made in compliance with the Bayanihan to Heal as One Act and a directive from the Department of Finance.

SEC Chairperson Emilio B. Aquino stated that the pandemic necessitates a collective response from all sectors.

The SEC has implemented measures to support the corporate sector, capital market, and investing public during the crisis.

The commission has also provided regulatory relief to corporations by extending deadlines and easing requirements.

Alternative work arrangements were adopted to minimize disruptions in the SEC's operations.

A helpdesk and a dedicated webpage were established to address stakeholder concerns and provide information regarding changes in the SEC's operations.