The Financial Services Commission has issued a communiqué (the "Communique") on 8 March 2021 to inform its licensees/registered entities that no administrative penalties will be charged for late filing of audited financial statements/annual reports, quarterly/interim financial statements and financial summaries for the years/quarters ended as specified in the Communique.

Please read the Communique HERE.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.