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  • Citizen-Charter-17-Mfo-04-Endorsement To Securities and Exchange Commission (SEC)

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    PoPo Millan
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    The document summarizes the process for companies to obtain an endorsement from the Securities and Exchange Commission (SEC) to operate in the downstream oil industry or renewable energy projects in Mindanao, Philippines. It outlines the requirements, fees, and steps involved which include submitting an application, paying fees, and receiving an acknowledgement letter and SEC endorsement if the application is approved. The process is handled by the Energy Resource Development and Utilization Division and takes up to 3 working days to complete.

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    citizen-charter-17-mfo-04-Endorsement to Securities and Exchange Commission (SEC)

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    The document summarizes the process for companies to obtain an endorsement from the Securities and Exchange Commission (SEC) to operate in the downstream oil industry or renewable energy projects in Mindanao, Philippines. It outlines the requirements, fees, and steps involved which include submitting an application, paying fees, and receiving an acknowledgement letter and SEC endorsement if the application is approved. The process is handled by the Energy Resource Development and Utilization Division and takes up to 3 working days to complete.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Download as pdf or txt
    21 views2 pages

    Citizen-Charter-17-Mfo-04-Endorsement To Securities and Exchange Commission (SEC)

    Uploaded by

    PoPo Millan
    The document summarizes the process for companies to obtain an endorsement from the Securities and Exchange Commission (SEC) to operate in the downstream oil industry or renewable energy projects in Mindanao, Philippines. It outlines the requirements, fees, and steps involved which include submitting an application, paying fees, and receiving an acknowledgement letter and SEC endorsement if the application is approved. The process is handled by the Energy Resource Development and Utilization Division and takes up to 3 working days to complete.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 2

    Issuance of SEC Endorsement

    Issues endorsement for companies intending to engage in the downstream oil


    industry and energy-related businesses particularly in renewable energy
    development applying for Securities and Exchange Commission Certificates in
    the Mindanao Region Also, includes endorsement of application for
    amendment of existing downstream oil industry participants.
    Energy Industry Management Division (EIMD) / Energy Resource
    Office or Division:
    Development and Utilization Division (ERDUD)
    Classification: Simple Transaction
    Type of Transaction: Government-2-Business
    Who May Avail: Upstream and Downstream Oil related business / activities
    CHECKLIST OF REQUIREMENTS WHERE TO SECURE
    1. DOE-MFO-QF-10 Service Request
    Security Officer
    Form) (1 copy)
    2. DOE-MFO-QF-01 SEC Checklist of
    Officer of the Day / Frontline Services / Processors
    Requirements (1 copy)
    FEES TO BE PROCESSING PERSON
    CLIENT STEPS AGENCY ACTIONS
    PAID TIME RESPONSIBLE
    1. Submission of 1.1 Log the Application
    Officer of the Day
    Application
    0.25 Working
    1.2 Assessment for
    Day
    Completeness of
    Documents
    1.2.1
    If the necessary
    documents are
    complete
    1.2.2
    If documents are None
    incomplete, the Assigned Staff
    assigned staff
    returns the
    documents to the
    applicant and
    inform on the
    lacking documents
    or other reasons, if
    any, for refusal of
    the application.

    DOE 2020 Citizen's Charter 609


    1.3 Prepare the DTS
    1.4 Assess the Fees / 0.38 Working
    Assigned Staff
    Issue Order of Day
    Payment none
    1.5 Approve Order of Division Chief
    0.25 Working
    payment /Supv.SRS / Sr.
    Day
    SRS
    2. Payment of 2.1 Issue an Official App. Fee for
    Fees Receipt Downstream –
    Php 500.00
    Collection Officer
    / Admin Division
    App. Fee for
    Upstream –
    Php 800.00
    3. Submission of 3.1 Issue the Claim
    1 Working
    Official Receipt Slip
    Day
    3.2 Prepare the Assigned Staff
    Acknowledgement
    Letter and SEC
    Endorsement
    3.3 Review the
    Division Chief /
    Acknowledgement none Supv. SRS / Sr.
    Letter and SEC
    SRS
    Endorsement
    3.4 Approve / Issue Director,
    the Endorsement 1 Working Day Office of the MFO
    Director
    3.5 Release the 0.13 Working
    Assigned Staff
    Document Day
    4. Receiving Client

    Total Number of Days 3 Working Days

    DOE 2020 Citizen's Charter 610

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