The Securities and Exchange Commission (SEC) has been recognized again for championing sustainability, as it continues to promote sustainable practices toward achieving long-term growth in the corporate sector. The SEC was named as one of the Circle of Excellence awardees in the Sustainability...
The Securities and Exchange Commission (SEC) and the Department of the Interior and Local Government (DILG) have joined forces to empower local government units (LGUs) in tackling investment scams and promoting financial literacy across the country. The SEC and the DILG signed a memorandum of...
CAVITE – A man accused of rape and one of Region 4A’s most wanted persons was arrested in General Emilio Aguinaldo, commonly referred to as Bailen, on Saturday, Oct. 7. The Cavite Police Provincial Office identified the suspect as alias Romy. The accused was nabbed by virtue of an arrest...
CAVITE – The local government unit of General Emilio Aguinaldo, commonly known as Bailen, has banned the use of plastic and styrofoam packaging starting November 6. Municipal Ordinance No. 05-58-S-2023 directs establishments to use biodegradable materials, such as paper bags, carton boxes,...
The Securities and Exchange Commission (SEC) is considering extending the deadline of its amnesty program further as representatives of business groups sued for more time before sitting down to discuss their complaint of the higher fees and charges to be implemented. In a press briefing Thursday,...
The Securities and Exchange Commission (SEC) is revising its Sustainability Reporting (SR) Guidelines for publicly listed companies (PLCs) to reflect the latest developments in global sustainability frameworks. The SEC said it has issued for public comment on Oct. 4 the draft Memorandum Circular on...
The Securities and Exchange Commission (SEC) has partnered with the United Nations Office on Drugs and Crime (UNODC) and Open Ownership (OO) in using its beneficial ownership data (BOD) to promote tax integrity. Last Sept. 22, the SEC conducted a focus group discussion (FGD) on Beneficial Ownership...
After repeated warnings of drastically increasing penalties by October, the Securities and Exchange Commission (SEC) has granted a final one-month extension for amnesty applications of non-compliant and suspended or revoked corporations. Corporations, which have incurred penalties for the...
The Securities and Exchange Commission (SEC) and the Philippines’ leading finance super app GCash have signed a memorandum of agreement (MOA) to go after perpetrators of online fraud, e-scams, and other cybercrimes. Under the agreement, GCash will assist and cooperate with the SEC in...
The Securities and Exchange Commission (SEC) has relaxed the disclosure requirements for public offerings as part of guidelines issued to streamline the process for companies seeking to raise funds from the capital market. SEC Chairperson Emilio B. Aquino “The streamlined procedures are part of...
The Securities and Exchange Commission (SEC) has teamed up with the United Nations Office on Drugs and Crime (UNODC) and Open Ownership (OO) for the potential use of beneficial ownership data in curbing corruption in the government procurement process. The SEC and UNODC recently organized a focus...
The Securities and Exchange Commission (SEC) is supportive of a move in Congress to lower taxes on stock transactions to boost and improve the competitiveness of the Philippine capital market. Albay 2nd District Representative Jose Ma. Clemente Salceda has filed House Bill No. 8958, or the...
