The Securities and Exchange Commission (SEC) is moving to overhaul the stock exchange 's leadership, proposing strict term limits that would unseat several long-serving power players in the local brokerage community. Under draft SEC rules released for public comment, broker directors would be...
The Securities and Exchange Commission (SEC) has released new rules on sukuk issuances in the Philippines to support the continued development of the country’s Islamic capital market and further expand the range of Shari’ah-compliant investment opportunities. On Feb. 25, the SEC issued...
The Securities and Exchange Commission (SEC) has issued the final version of its tiered minimum public ownership (MPO) requirement for initial public offerings (IPOs), a move expected to entice major corporations such as GCash and Maya to list their shares locally rather than seek overseas bourses....
The Securities and Exchange Commission (SEC) has issued new procedural rules aimed at speeding up the resolution of cases, streamlining administrative and adjudicative processes, and providing greater clarity and predictability for stakeholders. The commission issued SEC Memorandum Circular (MC)...
The Securities and Exchange Commission (SEC) has issued a comprehensive compliance checklist for one-person corporations (OPCs) to ensure that they stay up to date with their reportorial requirements. The commission on Feb. 16 issued SEC Memorandum Circular (MC) No. 10, series of 2026, providing...
The Securities and Exchange Commission (SEC) has announced this year’s schedule for submission of corporations’ annual financial statements (AFS) and general information sheets (GIS). The SEC on Feb. 11 issued Memorandum Circular (MC) No. 9, series of 2026, which provides the schedule for the...
The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) are moving to revitalize the domestic capital market by introducing rules for Global Philippine Depository Receipts, which would allow local investors to trade foreign stocks in the local currency. SEC Chairman...
The Securities and Exchange Commission (SEC) has overhauled the guidelines governing the registration of qualified buyers for private stock placements, moving to standardize how banks and brokerages vet high-net-worth investors. The corporate regulator issued Memorandum Circular No. 5, Series of...
The Securities and Exchange Commission (SEC) is tightening its grip on boardroom oversight, moving to permanently bar independent directors from serving more than nine years in a single company. In line with international best practices, the Commission issued on Jan. 26, 2026, SEC Memorandum...
The Securities and Exchange Commission (SEC) is easing capital-raising rules for smaller businesses, removing a costly auditing hurdle in a bid to accelerate corporate expansion and reduce bureaucratic friction. The regulator issued Memorandum Circular No. 6 on Jan. 22, which expands the use of...
The Securities and Exchange Commission (SEC) is preparing to release a series of regulatory overhauls aimed at loosening listing requirements for large-scale initial public offerings (IPOs) while tightening governance standards for corporate boards. On the sidelines of a Financial Executives...
The Securities and Exchange Commission (SEC) will launch on Jan. 30, 2026, its Hierarchical and Applicable Relations and Beneficial Ownership Registry (HARBOR) for the dedicated online submission of beneficial ownership (BO) reports by registered companies. The launch of HARBOR, a web-based...
