In light of the global pandemic of COVID-19 and in furtherance to an earlier circular on March 24, 2020 issued by the commission, the Securities and Exchange Commission (SEC) through another circular on March 31, 2020 provided additional guidance to the Capital Market as regards the operations of issuers, capital market operators (CMOs) and the commission. The circular is to ensure that all public companies continually make material disclosures to investors on the impact of COVID-19 on their business operations and CMOs are required to continue to monitor all risks and potential ones COVID-19 may pose to their business operations and other relevant operations.
