The Securities and Exchange Commission (SEC) reported that the Philippines has made significant progress and is moving closer to exiting the Financial Action Task Force (FATF) gray list. During the FATF plenary meeting held in Singapore from June 23 to 28, the global money laundering and terrorist...
The UK government’s MOBILIST Programme has invested P731 million in Citicore Renewable Energy Corporation (CREC) which is equivalent to 13.77 percent of its P5.3-billion initial public offering (IPO). CREC has successfully completed its IPO and listing on the Philippine Stock Exchange (PSE) on...
The Securities and Exchange Commission (SEC) has received its sixth and seventh Global Good Governance (3G) Awards from Cambridge International Finance Advisory. The Commission received the 3G Best Corporate Governance Policy & Disclosure Award and the 3G Transparency Award 2024 during the 9th...
The Securities and Exchange Commission (SEC) is urging companies to be more diligent in complying with their reportorial requirements instead of complaining about the huge increase in fines and penalties recently imposed by the commission after a lengthy amnesty period. SEC Chairperson Emilio B....
The Securities and Exchange Commission (SEC) announced that it has removed the minimum amount of commission that stockbrokers may charge their customers as part of changes being implemented to spur trading activity in the Philippine Stock Exchange (PSE). The Commission on April 16 issued SEC...
The Securities and Exchange Commission (SEC) has opened a new office in Butuan to make doing business easier for entrepreneurs in the region and support the continued economic growth of Mindanao. The SEC officially inaugurated last March 25 the SEC Butuan Extension Office located at the JC Aquino...
The Securities and Exchange Commission (SEC) announced that it has proceeded with the blocking of the online presence of Binance, the world’s top cryptocurrency trading platform, in the Philippines. In its March 12 meeting, the Commission En Banc approved the filing of a formal request with the...
CAVITE – Gen. Emilio Aguinaldo’s 155th birth anniversary was commemorated in his hometown, Kawit, on Friday, March 22. Gen. Emilio Aguinaldo’s 155th birth anniversary was commemorated in Kawit, Cavite, on March 22 (Photo from Mayor Angelo G. Aguinaldo's Facebook page/MANILA BULLETIN)...
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...
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...
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...