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...
The Securities and Exchange Commission (SEC) reported that it had given discounts in fees amounting to ₱80 million to thousands of corporations, including micro, small and medium enterprises (MSMEs), across more than 40,000 transactions due to recent corporate sector reforms. Since July, the SEC...
The Securities and Exchange Commission (SEC) is poised to roll out its own blockchain-based platform that allows for a more secure digital authentication of reports and other documents filed by corporations. The Commission said this is its part in ongoing efforts to harness blockchain technology to...
Capital market stakeholders are seeking to tap the vast and growing mass affluent segment of young tech-savvy Filipino investors, as it presents a huge opportunity for wealth creation in the country. To enable this segment to help enlarge the country’s economic pie, a video library project was...
The Financial Executives of the Philippines Institute (FINEX) has joined a bandwagon of business groups opposing a proposal by the Lower House proposal to amend the economic provisions of the Constitution at this time. In a statement, FINEX said they agree that the economic provisions of the...
The Financial Executives Institute of the Philippines (FINEX) has elected lawyer Francis ED. Lim as its President for 2021. Lim was the President and CEO of the Philippine Stock Exchange (PSE) from 2004 to 2010. It was during his stint at the PSE when he joined FINEX. Francis Ed. Lim...
