The Securities and Exchange Commission (SEC) reported the successful start of its nationwide roadshow that seeks to bring the capital market closer and more accessible to micro, small and medium enterprises (MSMEs). In a statement, the Commission said more than a hundred officials and executives of...
The Association of Southeast Asian Nations (ASEAN) is building an inclusive, human-centric and sustainable digital future for the region and its ten member states. This was the gist of the Boracay Digital Declaration 2023 of the 3rd ASEAN Digital Ministers Meeting (ADGMIN) and the ASEAN Digital...
The Securities and Exchange Commission (SEC) is going on a nationwide roadshow to highlight easy and accessible funding options for micro, small and medium enterprises (MSMEs) in the capital market this week. The Commission said it will kick off the SEC Roadshow on Capital Market Formation for...
The Securities and Exchange Commission has agreed to reduce the penalty it imposed against Bank of the Philippine Islands to P30 million from the original P134.62 million. In a disclosure to the Philippine Stock Exchange, BPI said it has received a letter from the SEC informing the bank that the...
Bank of the Philippine Islands said it will “abide by the final decision of the Securities and Exchange Commission” which imposed penalties amounting to P134.62 million in relation to the bank’s executive stock option plan. In a disclosure to the Philippine Stock Exchange, BPI said the SEC...
The Securities and Exchange Commission (SEC) continues its campaign against illegal lending by making sure that unregistered lending platforms are no longer available for download online. The SEC said in a statement that, as of Jan. 30, 2023, it has caused the removal of 33 online lending platforms...
The House Committee on Economic Affairs on Tuesday, Feb. 7, began its initial deliberation on the proposed Blue Economy Act that seeks to establish a framework to sustainably develop, manage, and protect the Philippines’ marine and water resources. A file photo of Scarborough Shoal taken during...
The Securities and Exchange Commission has advised the public against dealing with six more entities due to their unauthorized solicitation of investments without the necessary license from the Commission. In separate advisories, the SEC discouraged the public from investing with WebMining, Oyala,...
The Securities and Exchange Commission has issued an advisory to warn the public against dealing with five firms who are engaged in unauthorized solicitation of investments without the necessary license from the Commission. These firms are PPG Investment Group/Conamor Shop, LiveWell Multi-Ventures,...
The Securities and Exchange Commission (SEC) has revoked the Certificate of Authority (CA) of Fast Coin Lending Corp. to operate as a lending company for inactivity and its continuous non-compliance with disclosure requirements. In a statement, the SEC said Fast Coin has committed several...
The Securities and Exchange Commission (SEC) has drafted, for public comment, the Implementing Rules and Regulations (IRR) of Republic Act No. 11765, or the Financial Products and Services Consumer Protection Act (FCPA) which also covers digital products and cryptocurrencies. In a statement, the...
The Securities and Exchange Commission (SEC) is now accepting undergraduate and law students looking to gain professional experience through its internship program. In a statement, the SEC this is an opportunity for students to get first hand knowledge on company registration and regulation, the...
