The Securities and Exchange Commission (SEC) has revoked the corporate registration of Ecomamoni Environmental Recyclable Materials Manufacturing Inc. for soliciting investments from the public without the necessary license from the Commission. In an order, the SEC’s enforcement and investor...
The Securities and Exchange Commission (SEC) has issued a cease-and-desist order (CDO) against a lending business operator who does not have the necessary registration and approval from the Commission. In an order issued last Feb. 18, 2025, the Commission en banc directed Fernando Joquico Santos,...
To ensure that the Philippines stays out of the grey list of global financial crimes watchdog Financial Action Task Force (FATF), the Securities and Exchange Commission (SEC) is rolling out more reforms to combat money laundering and terrorist financing. In a press conference, SEC Chairperson...
The Securities and Exchange Commission (SEC) has approved Megawide Construction Corporation’s planned public offering of up to ₱5.95 billion worth of preferred shares. In its meeting on Feb. 25, the Commission En Banc resolved to render effective Megawide’s registration statement covering a...
To support the strong economic growth and the rise of new businesses in the Cagayan Valley region, the Securities and Exchange Commission (SEC) has opened a new office in Ilagan City. The SEC inaugurated the SEC Ilagan Extension Office (EO) on Feb. 24, located at the ground floor of The Capital...
The Securities and Exchange Commission (SEC) is pushing for the expansion of the government securities (GS) repurchase agreement (repo) market as part of its commitment to deepen the country’s capital market. The Commission said in a statement that since it assumed direct market oversight in...
The Philippines has successfully exited the grey list of the Financial Action Task Force (FATF) following reforms implemented by the Securities and Exchange Commission (SEC) to enhance financial integrity and transparency in the corporate sector. On the final day of the FATF plenary on Feb. 21,...
The Securities and Exchange Commission (SEC) has approved the planned offering by Filinvest Land Inc. of peso denominated fixed rate bonds worth up to ₱12 billion. The offering, a ₱9 billion base and a ₱3 billion over-subscription option of up to ₱3 billion, consists of five-year bonds due...
More Filipinos are going into business, with the Securities and Exchange Commission (SEC) reporting record-high registrations of new companies in 2024. In a statement, the SEC said registrations for new companies hit an all-time high last year on the back of innovative and advanced digital...
The Securities and Exchange Commission (SEC) has approved the planned issuance of up to ₱1.6 billion worth of commercial papers by Alsons Consolidated Resources Inc. (ACR), the listed company of the Alcantara Group. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it had...
The Securities and Exchange Commission (SEC) reported that there are currently 16 micro-, small, and medium enterprises (MSMEs) that are interested in an initial public offering (IPO) while 358 firms are potential crowdfunding issuers. During the SEC Roadshow on Capital Formation for MSMEs and...
The Securities and Exchange Commission (SEC) and the International Finance Corporation (IFC) have formalized a cooperation agreement to support the 30by30 Zero Philippines Program to accelerate sustainable finance in the country. Under the agreement, the SEC and the IFC will undertake...
