The Securities and Exchange Commission announced that it has moved to a fully online and paperless company registration process so that applicants will no longer have to submit hard copies of physically signed or notarized documents. The Commission on April 4 issued SEC Memorandum Circular No. 3,...
The Securities and Exchange Commission (SEC) has signed a data sharing agreement (DSA) on beneficial ownership information with the Procurement Service of the Department of Budget and Management (PS-DBM) as part of efforts to combat illicit financial flows in the procurement process. The SEC...
The Securities and Exchange Commission (SEC) has set the schedule of filing of corporations’ annual financial statements (AFS) and general information sheets (GIS) for this year. The Commission on March 3 issued SEC Memorandum Circular No. 1, Series of 2025, which provides for the 2025 Filing of...
The Securities and Exchange Commission (SEC) is taking a more active role in enhancing the quality of financial reporting by promoting high-quality audits to protect the investors and public interest. This commitment was made by the SEC when it represented the Philippines recently in the...
The Court of Appeals (CA) said the Securities and Exchange Commission was right to issue a cease and desist order (CDO) against Superbreakthrough Enterprises Corp., doing business under the name 1UP Time, for unauthorized solicitation of investments from the public. In a decision promulgated on...
To ensure that the Philippines stays out of the grey list of global financial crimes watchdog Financial Action Task Force (FATF), the Securities and Exchange Commission (SEC) is rolling out more reforms to combat money laundering and terrorist financing. In a press conference, SEC Chairperson...
To support the strong economic growth and the rise of new businesses in the Cagayan Valley region, the Securities and Exchange Commission (SEC) has opened a new office in Ilagan City. The SEC inaugurated the SEC Ilagan Extension Office (EO) on Feb. 24, located at the ground floor of The Capital...
The Securities and Exchange Commission (SEC) is pushing for the expansion of the government securities (GS) repurchase agreement (repo) market as part of its commitment to deepen the country’s capital market. The Commission said in a statement that since it assumed direct market oversight in...
The Philippines has successfully exited the grey list of the Financial Action Task Force (FATF) following reforms implemented by the Securities and Exchange Commission (SEC) to enhance financial integrity and transparency in the corporate sector. On the final day of the FATF plenary on Feb. 21,...
More Filipinos are going into business, with the Securities and Exchange Commission (SEC) reporting record-high registrations of new companies in 2024. In a statement, the SEC said registrations for new companies hit an all-time high last year on the back of innovative and advanced digital...
The Securities and Exchange Commission (SEC) reported that there are currently 16 micro-, small, and medium enterprises (MSMEs) that are interested in an initial public offering (IPO) while 358 firms are potential crowdfunding issuers. During the SEC Roadshow on Capital Formation for MSMEs and...
The Securities and Exchange Commission (SEC) has opened a new extension office in Laoag City, its 14th outside of Metro Manila, to strengthen its regulatory oversight and support economic growth in northern Philippines. The Commission officially inaugurated the SEC Laoag Extension Office (EO) on...
