The Securities and Exchange Commission (SEC) is urging private hospital entrepreneurs and administrators to raise fresh funds for expansion from the capital market as a way to support the government’s push to provide more quality and accessible healthcare to Filipinos. The Commission recently...
The Securities and Exchange Commission (SEC) is now requiring large non-listed entities (LNLs) to submit sustainability reports after issuing new rules that replaced a memorandum circular (MC) that previously covered only publicly listed companies (PLCs). The SEC said it has adopted Philippine...
The Securities and Exchange Commission (SEC) is tightening its oversight of corporate transparency with new disclosure mandates designed to strip away the anonymity of company owners and curb financial crimes. The regulator issued Memorandum Circular No. 15 on Dec. 22, establishing the Beneficial...
The Supreme Court has affirmed with finality the Securities and Exchange Commission’s (SEC) authority to accredit external auditors, ending a long-standing legal challenge that threatened the regulator’s oversight of the capital markets. In a resolution dated Oct. 14, the court denied a motion...
The Philippine Competition Commission (PCC) and the Securities and Exchange Commission (SEC) have signed a data-sharing agreement (DSA) to enhance interagency cooperation in promoting transparency, integrity, and fair competition in the corporate sector. The agreement provides PCC with streamlined...
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...
