The Securities and Exchange Commission (SEC) announced that it has adopted taxonomy guidelines on sustainable finance as part of efforts to promote environmentally and socially sustainable economic activities. The Commission issued on Feb. 23 its SEC Memorandum Circular No. 5, Series of 2024,...
The Securities and Exchange Commission (SEC) has signed data sharing agreements (DSAs) with nine law enforcement agencies and competent authorities, granting them access to beneficial ownership information of corporations registered with the Commission. The SEC said this will boost its efforts to...
President Marcos has moved Senior Deputy Executive Secretary (ES) Hubert Guevara from the Office of the President (OP) to the Securities and Exchange Commission (SEC) as one of its commissioners. Securities and Exchange Commission (SEC) Commissioner Hubert Guevara (MPC Pool/File photo) The...
The Securities and Exchange Commission (SEC) has issued a cease and desist order against entities involved in the unauthorized use of Ayala Corporation’s name to illegally solicit investments from the public. In an order dated Feb. 22, the Commission En Banc directed Ayala Corporation Group Inc.,...
The Securities and Exchange Commission (SEC) has simplified the registration process for power companies opting for initial public offering (IPO) and other forms of stock offering that they will be pursuing at the local bourse. According to the Energy Regulatory Commission (ERC), the streamlined...
The Securities and Exchange Commission (SEC) has made it faster for power generation companies and distribution utilities to raise funds from public offerings by streamlining its registration process. The Commission has issued SEC Memorandum Circular No. 4, Series of 2024, aimed at Securing and...
The Securities and Exchange Commission (SEC) announced that corporations may now file amendments to their articles of incorporation (AoI) or by-laws online as part of its efforts to launch new digital systems that will streamline and automate its processes. The Commission recently issued SEC...
After several extensions of its amnesty period, the Securities and Exchange Commission (SEC) has ordered the suspension of the corporate registration of about 118,000 corporations for failure to comply with reportorial requirements. In an order dated Feb. 16, the SEC Company Registration and...
The Securities and Exchange Commission (SEC) has issued a warning against investing in Tonik-Shop for allegedly engaging in the unauthorized solicitation of investments without the necessary license from the SEC. In its latest advisory to the public, the SEC said Tonik-Shop is engaged in a scheme...
The Securities and Exchange Commission (SEC) has advised the public against dealing with Reveal Beauty and Wellness Digital Marketing, and Camacho Packaging Supplies OPC as they are soliciting investments without the necessary license from SEC. In an advisory, the SEC said Reveal is engaged in an...
The Securities and Exchange Commission (SEC) has been accredited by the London-based standard-setting organization Investors in People (IiP) in recognition of its high-level practices in promoting the welfare of its employees. The accreditation makes the SEC the first in the government financial...
The Securities and Exchange Commission (SEC) is warning the investing public against dealing with America Mall-PH and Robinson Company due to their unauthorized solicitation of investments without the necessary license. The SEC issued advisories against the two firms that are enticing the public to...
