The Securities and Exchange Commission (SEC) is now accepting undergraduate and law students looking to gain professional experience through its internship program. In a statement, the SEC this is an opportunity for students to get first hand knowledge on company registration and regulation, the...
The Securities and Exchange Commission has issued advisories to warn the public not to invest their hard-earned money in three firms that are soliciting investments without the necessary permits from the regulator. Based on reports and information it gathered, the corporate watchdog issued warnings...
The Securities and Exchange Commission has approved the planned P5.43 billion initial public offering of Upson International Corporation (Upson), the country’s leading retailer of personal computers (PCs) and information technology (IT) products. In a statement, the firm said the SEC approved...
The Securities and Exchange Commission (SEC) has canceled the corporate registration of Silverlion Livestock Trading Corp. for unauthorized solicitation of investments from the public. In an order, the SEC Enforcement and Investor Protection Department (EIPD) revoked the certificate of...
The Securities and Exchange Commission has approved the merger between AXA Philippines and its former general insurance subsidiary Charter Ping An Insurance Corporation. AXA Philippines is a joint venture between the Metrobank Group, GT Capital, and the Paris-based AXA Group. With the merger, AXA...
The Securities and Exchange Commission is warning the public against investing with Tether-Pay, Tether.Pay.com, and Tether Pay Ltd. which seem to be operating a fraudulent scheme. “This Advisory is prompted by the information received and gathered by the Securities and Exchange Commission that...
The Securities and Exchange Commission (SEC) has has filed criminal complaint against Suncash Lending Investors Corp., UCash Lending Investors Corp., Suncredit.ph Finance Corp., and ECredit Finance Inc. for operating unregistered online lending platforms (OLPs). The SEC Enforcement and Investor...
The Securities and Exchange Commission (SEC) is accepting payments purely online and offsite starting Feb. 1 next year as it continues to implement a zero face-to-face transaction policy. In a notice, the Commission announced that all payments will be accepted only through the Electronic System for...
The Securities and Exchange Commission (SEC) has started an investigation into the alleged sell-off of PLDT Inc. shares prior to its disclosure of P48 billion in “budget overruns.” In a statement, the SEC said it is closely monitoring issues that have arisen from the recent disclosures of PLDT...
The Philippine Institute of Certified Public Accountants (PICPA) has recognized top officials of the Securities and Exchange Commission for their contributions in upholding transparency and accountability as accountants in the government service. SEC Chairperson Emilio B. Aquino received the...
The Philippine Institute of Certified Public Accountants (PICPA) has recognized top officials of the Securities and Exchange Commission for their contributions in upholding transparency and accountability as accountants in the government service. SEC Chairperson Emilio B. Aquino received the...
The Securities and Exchange Commission has confirmed that the Bank of the Philippine Islands’ P5-billion 1.5-year Peso Fixed-Rate Bonds due 2024 called BPI Reinforcing Inclusive Support for MSMEs Bonds (BPI RISE Bonds) has qualified as ASEAN Social Bonds. The bank said in a disclosure to the...
