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) has ordered Umeta Credit Lending Corp. to stop its unauthorized operation of unrecorded online lending platforms (OLPs)—FinLedger-Smart Ledger, Cash Twig, Meta Cash, and MorePautang-Loan Hub—and for engaging in unfair debt collection practices. In a...
The Securities and Exchange Commission (SEC) is moving to overhaul the training requirements for corporate board members and executives, proposing a new set of guidelines aimed at aligning local boardrooms with international governance standards. The regulator released a draft memorandum circular...
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 penalized Global Dominion Financing Inc. for employing unfair and abusive debt collection practices through third-party agents amid tightening of oversight on the nation’s lending sector. In a formal order, the SEC’s Financing and Lending...
Billionaire Manuel B. Villar denied allegations of price manipulation and insider trading filed by the Securities and Exchange Commission (SEC), describing the charges as baseless while vowing to defend his family’s business reputation. Villar, the Philippines’ richest person, said in a...
The Securities and Exchange Commission (SEC) filed criminal charges against Villar Land Holdings Corp., its top executives, and related entities for alleged market manipulation and insider trading. In a complaint filed with the Department of Justice on Jan. 30, the regulator accused the company of...
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...
