The Securities and Exchange Commission (SEC) vowed to continue advancing reforms and programs that will enable the growth of the capital market and the broader corporate sector under the new administration. “We recognize our vital role in the country’s economic growth and recovery, being the...
The Securities and Exchange Commission (SEC) has revoked the registration and secured conviction of several illegal lending companies as part of its sustained crackdown against illegal and abusive lenders, the Department of Finance (DOF) said. In a statement, the DOF cited an SEC report that showed...
The Securities and Exchange Commission (SEC) has collected P119.07 million in fees and penalties through its web-based system that allows cashless payment of business registrations, fees, and other charges. SEC Chairman Emilio Aquino said the fees and other charges collected through the Electronic...
The Securities and Exchange Commission (SEC) has accelerated the implementation of its digitalization reforms to further improve the ease of doing business in the country and spur the growth of domestic enterprises. In a report to Finance Secretary Carlos G. Dominguez III, SEC Chairman Emilio...
The Securities and Exchange Commission (SEC) has received special citations from the Anti-Red Tape Authority (ARTA) for its efforts toward improving the ease of doing business in the country. In the Ease of Doing Business Summit held last week, the ARTA recognized the Commission as a “Doing...
The Philippine Stock Exchange has invited top executives of publicly-listed firms to talk about their successful initial public offering (IPO) journey and share with potential listing applicants the benefits their companies enjoy from going public. The PSE said these executives will be part of a...
The Securities and Exchange Commission of the Philippines has been admitted as a new signatory to the ASEAN Collective Investment Schemes (CIS) Framework. This is after it signed a supplemental Memorandum of Understanding with the Securities Commission Malaysia (SC), the Monetary...
The Securities and Exchange Commission (SEC) has issued rules giving minority shareholders in publicly listed companies (PLC) more power by allowing them to call special stockholders’ meetings. SEC Chairperson Emilio B. Aquino (Photo credit: https://www.sec.gov.ph/commissioners/) “The newly...
The Securities and Exchange Commission (SEC) has launched the Electronic Simplified Processing of Application for Registration of Company (eSPARC) for faster and easier registration of corporations. In a statement, the SEC said that, starting April 19, it will accept and process under eSPARC all...
The Securities and Exchange Commission (SEC) announced that it is migrating to a new company registration portal called the Electronic Simplified Processing of Application for Registration of Company (eSPARC) by April 19. In a statement, the SEC said the new portal will provide the public with a...
The Securities and Exchange Commission (SEC) has launched its online payment system Monday, (March 1) to make it faster, more convenient, and secure when paying registration and other transaction fees. In a statement, the Commission said the newly developed SEC Payment Portal is a web-based...
The Securities and Exchange Commission (SEC) announced that it has joined the Global Financial Innovation Network (GFIN), in line with its commitment to supporting the development of the Philippine capital market and overall financial sector. Formally launched in 2019, the Global Financial...
