The Securities and Exchange Commission (SEC) has finalized a policy that tightens the cap on interest rates and related fees charged by financing and lending companies for specific loans, a month after the draft was released for public comment. The Commission issued SEC Memorandum Circular No. 14,...
The Securities and Exchange Commission (SEC) has launched its upgraded online ticketing system, which now covers all services and allows real-time tracking of inquiries or complaints to improve ease of transactions. The Commission said the upgraded iMessage—its web-based ticketing system for...
The Securities and Exchange Commission (SEC) reported 43,185 new corporate registrations as of the end of October, reflecting sustained entrepreneurial activity despite a slight dip from the previous year. According to the SEC, the figure is 5.4 percent lower than the 45,624 registrations recorded...
The Securities and Exchange Commission (SEC) is giving entrepreneurs an online platform that allows them to simulate the company registration process as part of efforts to make it easier to do business in the country. The Commission said it has launched Company Registration Simulation, a feature...
The Philippine Securities and Exchange Commission (SEC) has partnered with the Securities and Exchange Regulator of Cambodia (SERC) to collaborate on developing their respective capital markets. The two agencies signed a memorandum of understanding (MoU) in Kuala Lumpur, Malaysia, earlier this...
The Securities and Exchange Commission (SEC) came out as the country’s public-sector “Paper-less Champion” for saving nearly 217 million pages of paper through its online platforms that digitalized company registration and reports submission. Development Academy of the Philippines (DAP)...
The Securities and Exchange Commission (SEC) of the Philippines has officially assumed the chairmanship of the Association of Southeast Asian Nations (ASEAN) Capital Markets Forum (ACMF), following the handover ceremony earlier this month in Kuala Lumpur, Malaysia. Taking the helm from the...
The Securities and Exchange Commission (SEC) is pushing for reforms to strengthen the Philippine corporate bond market and broaden capital market access for small and medium enterprises (SMEs), with strategic engagement from the World Bank Group (WBG) and its private-sector lending arm,...
The Securities and Exchange Commission (SEC) is moving to establish a witness protection program for individuals who report illegal activities like investment scams, predatory lending, money laundering, terrorist financing, market abuse, and disclosure violations. On Nov. 12, the SEC issued for...
The Securities and Exchange Commission (SEC) has formed a technical working group with the Philippine Stock Exchange (PSE) to speed up the drafting of new policies that will help in developing the capital market, such as the expansion of the minimum public ownership rule for listed companies. In an...
The Securities and Exchange Commission (SEC) wants to exempt more corporations from the mandatory submission of audited financial statements, in a bid to further reduce compliance costs for micro, small, and medium enterprises (MSMEs). In a policy paper submitted to the Department of Finance (DOF)...
The Securities and Exchange Commission’s successful introduction of a complete, end-to-end, and paperless incorporation process has earned recognition of the Philippines as having one of the best company registration systems in the world. The Corporate Registers Forum (CRF) awarded the SEC...
