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    Date: 2020-10-14 16:43:55.772632

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    Date: 2020-10-19 07:53:17.302144

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Breakdown of the Scale of Fines 2018-2019 (categorized by provision and by number of firms)

Requested from SEC by R. Gabuya at 04:43 PM on Oct 14, 2020.
Purpose: Research
Date of Coverage: 01/01/2018 - 12/31/2019
Tracking no: #SEC-749029298109

Gabuya 04:43 PM, Oct 14, 2020 

For CY2019, total collections by SEC included Php190.199-Million in Fines and Penalties.

I would like to ask for a breakdown of the amount collected above by SRC/IRR provision enumerated in the scale of fines (https://www.sec.gov.ph/wp-content/uploads/2019/11/2017ScaleOfFines.pdf)

Example: Php xx-Million was collected in violation of Sec. 8 and 12
                 Php yy-Million in fines collected from Sec. 10, Rule 10.1  

Also, please include a breakdown of the number of firms fined per provision/category.

Please provide for the requested info for the year CY2018 and CY2019.

Thank you.

Gonzales 07:53 AM, Oct 19, 2020 

October 19, 2020

Dear Restituto Felipe,

Thank you for your request dated Oct 14, 2020 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Breakdown of the Scale of Fines 2018-2019 (categorized by provision and by number of firms).

We received your request on Oct 14, 2020 and will respond on or before Nov 04, 2020 04:43:55 PM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy03NDkwMjkyOTgxMDkM, for request with ticket number #SEC-749029298109.

Thank you.

Respectfully,

Isma Gonzales
FOI Officer

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