The Covid-19 pandemic crisis has impacted on many licensees, including those registered as reporting issuers, and on their ability to meet their regulatory filing deadlines. This has prompted the Financial Services Commission (FSC) to adopt a flexible approach towards the monitoring of compliance of its licensees with regards to their filing and reporting obligations. Initially, the FSC had issued a communique on 12 June 2020 informing its licensees that no administrative penalties in respect of late filing of audited financial statements/annual reports and quarterly/interim financial statements will be charged provided that the relevant filings are done by 30 September 2020.

Following representations made by industry stakeholders, the FSC has granted yet another extension of the filing deadlines, this one being the final one, as detailed below:

To access the official communique issue by the FSC to that effect, please click Here