Mutual Funds Exchange-Traded Funds Membership Certificates Club Shares Timeshares
Corporate Governance and Finance Department
(02) 8818 – 5952
Pre-evaluation of Documents:
Processing of Application:
Within 45 calendar days from the filing of the Registration Statement (RS), unless the registrant consent to the extension of processing time of the application or waives the period and are allowed to amend the RS as provided in Section 14 of the Securities Regulation Code (SRC), the Department shall elevate the matter to the Commission En Banc for its decision, to either render effective the RS or reject it, based on the submitted information pursuant to Section 12.6 of the SRC.
Under Section 13.1(b) of the SRC, the Commission may reject Registration Statement which on its face is incomplete.
In the event that the RS is rejected pursuant to Section 13, the filing fee paid thereon is forfeited.
Pre evaluation Procedures
PERSON IN CHARGE
Presents Registration Statement, Prospectus and supporting documents
1. Pre-evaluate application and supporting documents.
a. If application and supporting documents are not complete, the same are returned to applicant with list of requirements not complied with
b. If application and supporting documents are complete, Specialist prepares Payment Assessment Form
Presents the PAF at the Cashier and settles the required fee
Process payment and issue Official Receipt
Submit the machine-validated PAF to MSRD/CGFD together with the Registration Statement, Prospectus and other supporting documents
1. Stamp receive documents 2. Returns one (1) copy of the application documents to the Client
Executive Assistant/Support Staff
Note :Duration of activity under normal circumstances