Document background
The Compliance Certificate On Corporate Governance is a mandatory document in the Philippine corporate governance framework, primarily governed by the Securities and Exchange Commission (SEC) requirements and the Revised Corporation Code of the Philippines. This certificate must be submitted periodically, typically annually, by corporations, especially those that are publicly listed or regulated. The document serves as a formal attestation that the company has met all required corporate governance standards, including proper board composition, committee structures, internal control systems, and transparency requirements. It forms part of the broader corporate compliance regime in the Philippines and helps maintain market confidence by providing stakeholders with assurance about the company's governance practices. The certificate must address specific areas of compliance as outlined in various SEC memorandum circulars and should be supported by appropriate documentation and evidence.
