The Securities and Exchange Commission (SEC) has made permanent its cease and desist order (CDO) against Humanitarian and Spiritual Mission Apostulates of Davao and Asia Inc., HASMADAI Foundation Inc. and Humanitarian Institute of Technology Corp. for their unauthorized solicitation of investments....
The Securities and Exchange Commission (SEC) has received the GCash Digital Excellence Award 2024 for fostering the growth of innovative financial products and services while ensuring the protection of financial consumers. In conferring the award to the SEC, mobile payment services GCash cited the...
The Securities and Exchange Commission (SEC) announced the opening of its new extension office in Lipa City, in line with its efforts to facilitate business formation, invest in high-growth regions, and keep a closer watch on fraudulent and abusive practices in the corporate sector. The SEC on Dec....
The Securities and Exchange Commission (SEC) is calling on over 11,600 corporations to avail themselves of its Enhanced Compliance Incentive Plan (ECIP) or face the suspension of their corporate registration for non-compliance with reportorial requirements. In a notice dated Dec. 13, the SEC...
The Organisation for Economic Co-operation and Development (OECD) sees the potential of around 400 private enterprises to go public—one of the main factors that will develop the local capital market. This is according to an in-depth assessment of the Philippine capital market released by the...
Securities and Exchange Commission (SEC) Chairperson and CEO Emilio B. Aquino received the 2024 The Outstanding Filipino (TOFIL) Award for Government and Public Service, leading six other awardees in their respective fields. In a statement, SEC said that Aquino received the highest honor in the...
The Securities and Exchange Commission (SEC) has again extended the deadline for non-compliant, delinquent, suspended, and revoked corporations to take advantage of lower fines and penalties for the late and non-filing of their reportorial requirements. The Commission issued SEC Memorandum Circular...
The Securities and Exchange Commission (SEC) has been recognized as one of the world’s best employers by international standard-setting organization Investors in People (IiP). In a statement, the SEC said it received the Overseas Employer of the Year Award during a ceremony held in London, United...
The Securities and Exchange Commission (SEC) continues to empower Filipinos to make smart financial decisions as it celebrates Investor Protection Week (IPW) for the fifth year. Taking off from the International Organization of Securities Commissions’ celebration of World Investor Week in...
The Securities and Exchange Commission (SEC) has approved the merger of BDO Unibank Inc. and its wholly-owned subsidiary, The Podium Complex (formerly SM Keppel Land Inc.), with the bank as the surviving entity. In a disclosure to the Philippine Stock Exchange (PSE), the bank said the merger,...
The Securities and Exchange Commission (SEC) has ordered the Capital Markets Integrity Corporation (CMIC) to take over the operations of stock brokerage Equitiworld Securities Inc. (EQWORLD) to secure the accounts of its customers. In a statement, the SEC said it issued the takeover order on Nov....
The Securities and Exchange Commission (SEC) reported that it has secured the conviction of the incorporators of Prosperous Infinite Holdings Phils. Corp. (PIHPC) and operators of Emgoldex Philippines for soliciting investments from the public without necessary license from the commission. In a...
