Code Of Corporate Governance For GOCCs

Article VIII. DISCLOSURE AND TRANSPARENCY REQUIREMENTS

SEC. 43. Mandatory Website. – In accordance with Section 25 of the Act, all GOCCs shall maintain a website and post therein for unrestricted public access:

43.1. On Institutional Matters :

(a) For Chartered GOCCs, the latest version of its Charter;

(b) For Nonchartered GOCCs, latest General Information Sheet (GIS) and brief company background including date of incorporation, history, functions and mandate;

(c) List of Subsidiaries and Affiliates; and *not applicable

(d) Government Corporate Information Sheet (GCIS) as mandated by the GCG in its Memorandum Circular No. 2012-01.

43.2. On the Board and Officers:

(a) Complete listing of the Directors and Officers with attached resume, and their membership in Board Committees;

(b) Complete compensation package of all the board members and officers, including travel, representation, transportationand any other form of expenses or allowances;

(c) Information on Board Committees and their activities; and

(d) Attendance record of Directors in Board and Committee meetings.

43.3. On Financial and Operational Matters:

(a) Their latest annual Audited Financial and Performance Report within thirty (30) days from receipt of such Report; *consolidated with the MWSS Corporate Office

(b) Audited Financial Statements in the immediate past five (5) years;  *consolidated with the MWSS Corporate Office

(c) Quarterly, and Annual Reports and Trial Balance;

(d) Corporate Operating Budget (COB);

(e) Local and foreign borrowings;

(f) Government subsidies and net lending; *not applicable

(g) All borrowings guaranteed by the Government; *not applicable

(h) Any material risk factors and measures taken to manage such risks; and

(k) Performance Evaluation System (PES).

43.4. On Governance Matters:

(a) Charter Statement/Mission-Vision Statements;

(b) Performance Scorecards and Strategy Map;

(c) Organizational Chart;

(d) Manual of Corporate Governance; *for GCG’s approval

(e) CSR Statement;

(f) No Gift Policy;  and 

(g) Service Charter.

43.5. Such other information or report that the GCG may require

Quality Management System

Certification of Compliance for PhilGEPS Posting

Report on Ageing of Cash Advances

Certification of Compliance for SALN Submission

Certification Anti-Red Tape Act

Certification of Compliance for Statutory Liabilities

2016 Guidelines on System of Rating and Ranking for the 2016 Performance-Based Bonus

Agency Procurement Compliance and Performance Indicator (APCPI)

Annual Procurement Plan

Submission and execution of concrete and time bound action plans for addressing NDs and AOMs from COA

Dividends