SEC’s online filing facility going live

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The online submission tool (OST) of the Securities and Exchange Commission (SEC)—which all corporations and partnerships are mandated to use to comply with their reportorial requirements—is set to go live on March 15.

“With the OST, we are one more step closer to achieving our ease-of-doing-business and sustainability goals, which have been at the core of our ongoing digital transformation,” SEC chair Emilio Aquino said on Wednesday.

“The OST is equally important in our efforts to automate business transactions to limit face-to-face interactions, and consequently help stem the transmission of COVID-19 and accelerate the country’s recovery from the pandemic.”

Corporations and…

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