The Securities and Exchange Commission (SEC) finalized rules imposing a maximum 10-year cumulative term limit for broker-directors of the Philippine Stock Exchange (PSE), standing firm against pushback from local stockbrokers while offering a two-year transition window. Under SEC Memorandum...
Manolo Fortich’s own Rolando Bregente Jr. saw himself rising from the fairways of Del Monte Golf and Country Club to rule the inaugural NCAA Season 101 Golf Tournament presented by the Philippine Sports Commission on Wednesday, May 20. The 24-year-old Lyceum of the Philippines University...
The Securities and Exchange Commission (SEC) has revoked the broker-dealer registration of Mount Peak Securities Inc. after uncovering widespread regulatory violations, fraudulent financial reporting, and the use of a dummy account by the firm’s top executive. The regulator’s Markets and...
The Commission on Audit (COA) has denied a P1.5-billion money claim filed by a group of insurance firms against the Home Development Mutual Fund (HDMF) or Pag-IBIG Fund over allegedly unremitted fire insurance premiums tied to housing loans. In a 17-page decision dated March 17, 2026, the COA ruled...
OPM icon Ice Seguerra has finally opened up about the personal and political struggles that led to his resignation as chairperson of the National Youth Commission (NYC) back in 2018. During a candid interview on " Fast Talk with Boy Abunda ," the award-winning singer-songwriter reflected on his...
DAGUPAN CITY— The Philippine Sports Commission (PSC) has officially unveiled Dagupan City as Pangasinan’s Regional Training Center for Gymnastics and Swimming, sparking excitement and strengthening hopes of shaping the next generation of Filipino world-class athletes. PSC Chairman Patrick C....
The Securities and Exchange Commission (SEC) has amended its rules by expressly including securities exempt from registration with the commission, such as government securities (GS), in the portfolio threshold requirements for qualified buyers. The SEC said the amendment is aimed at promoting...
A group opposing the proposed overhaul of college General Education (GE) courses welcomed the Commission on Higher Education’s (CHED) decision to suspend the pilot implementation of the revised curriculum for Academic Year 2026–2027. The deferment of the proposed Reframed General Education...
The Insurance Commission (IC) has ordered a set of relief measures for consumers, including a three-month grace period for premium payments and loan repayments, as the country grapples with an energy emergency triggered by geopolitical tensions. Under Circular Letter No. 2026-11, issued May 13,...
The Philippines’ largest fintech industry group is backing the proposal by the Securities and Exchange Commission (SEC) to transfer regulatory oversight of lending and financing companies to the Bangko Sentral ng Pilipinas (BSP). Lito Villanueva, FinTech Alliance PH founding chairman, said the...
The husband of Vice President Sara Duterte, lawyer Manases R. Carpio, has added the heads of the Securities and Exchange Commission (SEC) and the Insurance Commission (IC) as respondents in a criminal complaint over the alleged illegal disclosure of bank records. In an addendum filed before the...
The Securities and Exchange Commission (SEC) has suspended the imposition of monthly penalties in the late or non-filing of reportorial requirements until December 31, 2026 in order to reduce transaction costs and promote the ease of doing business. In its meeting last May 5, the Commission En Banc...