The Securities and Exchange Commission (SEC) has vowed to further strengthen its efforts to combat money laundering and terrorism financing in the corporate sector following the Philippines’ exit from the European Commission’s (EC) list of high-risk jurisdictions for financial crimes. “The...
A total of 401 lending firms lost their licenses for failure to comply with reportorial requirements of the Securities and Exchange Commission (SEC). In a statement, the commission said it has cancelled the primary registration and secondary licenses of the lending companies as part of its campaign...
The Governance Commission for Government Owned or Controlled Corporations (GCG) has secured an over ₱14-million funding from the Manila-based Asian Development Bank (ADB) to harmonize and digitize reporting among state corporations. In 2025, we are proud and honored to have created a partnership...
The Energy Regulatory Commission (ERC) has unveiled the Green Energy Auction Reserve (GEAR) prices, setting ceiling prices for bidders in the fourth round of the Green Energy Auction (GEA-4) following recent enhancements to the program. In a resolution released by the ERC, the final GEAR prices...
The Department of Energy (DOE) said that it is withholding the issuance of a Certificate of Conformity (COC) to the Manila Electric Company (Meralco) until it receives aligned findings from both the Philippine Competition Commission (PCC) and the Energy Regulatory Commission (ERC). Energy Assistant...
The Securities and Exchange Commission (SEC) has approved the shelf registration of Aboitiz Power Corp.’s (AboitizPower) ₱100-billion worth of fixed rate bonds and its ₱30-billion offering for the first tranche. In a statement, the SEC said the Commission en banc has considered favorably the...
Following the Philippines ' removal from the global money-laundering watchlist, also known as the grey list, in February 2025, the European Commission has also removed the country from its list of high-risk jurisdictions. While some developing were added to the list including Algeria, Angola,...
On the last session day of the 19th Congress, the powerful Commission on Appointments (CA) confirmed the ad interim appointment of Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro and Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Ramon Pangilinan...
Public policy group Infrawatch PH is calling on the Securities and Exchange Commission (SEC) to close enforcement gaps on unlicensed crypto exchanges amid the recent launch of the Commission’s strategic surveillance and enforcement sandbox (StratBox). The group said that while StratBox marks...
The Securities and Exchange Commission (SEC) has issued new rules to regulate the marketing, issuance, and trading of crypto-assets, as well as the registration and operation of crypto-asset service providers (CASPs) in the country. The commission stated that these rules are designed to strike a...
The Commission on Appointments (CA) approved on Tuesday, June 10 the ad interim appointments of Ma. Norina Tangaro-Casingal and Noli Rafol Pipo as commissioners of the Commission on Elections (Comelec). This was after the powerful appointments body’s Committee on Constitutional Commission and...
New Securities and Exchange Commission (SEC) Chairman Francis Ed. Lim President aims to transform the commission into “a no-nonsense regulator—firm when necessary, but always fair, efficient, reliable, and professional.” Lim officially took over on June 10, 2025, from Emilio B. Aquino after...
