The Securities and Exchange Commission (SEC) has announced the deadlines for the submission of the annual financial statements (AFS) and general information sheets (GIS) of corporations in 2023. All stock and nonstock corporations are required to submit their annual reports online through the SEC...
The Securities and Exchange Commission (SEC) is considering speeding up registration of companies and partnerships by accrediting service providers and agents who may assist the public in processing applications and other transactions. On Dec. 12, the corporate watchdog released for public comment...
DHSUD Secretary, Jose Rizalino “Jerry” Acuzar, keynotes the recently held 1 st Stakeholders’ Night of the National Home Mortgage Finance Corporation. Now ready for housing developers Department of Human Settlements and Urban Development...
The Ayala Group of Companies accounted for a quarter of the 32 Philippine publicly listed companies (PLCs) recognized during the recently held 2021 ASEAN Corporate Governance Scorecard (ACGS) awards. These firms are Ayala Corporation, Ayala Land, Inc., Bank of the Philippine Islands, Globe Telecom,...
The Securities and Exchange Commission (SEC) continues its crackdown against firm’s illegally soliciting investments from the public and operating Ponzi schemes to defraud Filipinos of hard-earned money during these hard times. In various orders issued recently, the corporate watchdog has issued...
The Securities and Exchange Commission issued a warning to the public to stop, or not to invest, in any scheme being offered by OTCJKE, OTC Automated Trading Platform, and JKE International Limited. “Based on information received by the Commission, individuals claiming to represent OTCJKE/OTC...
The Securities and Exchange Commission (SEC) has ordered Sophia Francisco Holding OPC and BeastnessAllDay Corporation to stop soliciting investments from the public, as part of its crackdown against illegal investment schemes. The investment schemes of BeastnessAllDay and Sophia Francisco Group...
The Securities and Exchange Commission (SEC) is offering an additional payment option to the transacting public through an enhanced partnership with the Land Bank of the Philippines (LANDBANK). The Commission signed an amended Memorandum of Agreement (MOA) with LANDBANK to allow for payments for...
The Securities and Exchange Commission (SEC) celebrated its 86th anniversary by recognizing individuals and organizations that have helped it champion the development of the corporate sector and further deepening of the capital markets. In its first face-to-face celebration since the pandemic, the...
The Securities and Exchange Commission (SEC) has busted the operations of Silverlion Livestock Trading Corp. in Zamboanga City as it continues the crackdown against unauthorized investment schemes. In a joint operation, the combined forces of the SEC Zamboanga Extension Office (ZEO) and the...
The Securities and Exchange Commission (SEC) is warning the public against investing in Frutas Comida Zamboanga, which has been offering guaranteed returns of 20 percent per month on social media. In an advisory, the SEC flagged the investment solicitation activities of Frutas Comida, as the group...
The Securities and Exchange Commission (SEC) has approved the bond offerings of San Miguel Corporation (SMC) and Aboitiz Equity Ventures, Inc. (AEV) that will raise up to P90 billion for the two firms. The Commission En Banc resolved to render effective the registration statement of SMC for up to...
