The Securities and Exchange Commission (SEC) has required publicly listed companies and other corporations with public interest to disclose fees paid to their external auditors. In a statement, the commission said this requirement is meant to enhance transparency and accountability in reporting...
The Securities and Exchange Commission (SEC) has opened a new extension office in Laoag City, its 14th outside of Metro Manila, to strengthen its regulatory oversight and support economic growth in northern Philippines. The Commission officially inaugurated the SEC Laoag Extension Office (EO) on...
The Securities and Exchange Commission (SEC) announced the revocation of the corporate registration of Farm to Market (F2M) Agri-Farm OPC for soliciting investments from the public without the necessary license. In an order, the SEC Enforcement and Investor Protection Department (EIPD) revoked F2M...
The Securities and Exchange Commission (SEC) has expanded the types of entities that can be accredited as Personal Equity and Retirement Accounts (PERA) Administrators following its approval of the first administrator under its new regulation. SEC Memorandum Circular (MC) No. 14, Series of 2024,...
The Securities and Exchange Commission (SEC) is preparing new guidelines that will expand fundraising and investment opportunities in the Philippine capital market, which includes crypto assets, green equity, and Sukuk bonds. In a statement, the commission said these proposed and draft...
The Securities and Exchange Commission (SEC) is entering 2025 with a stronger commitment to implementing policies and reforms that will further boost the capital market, strengthen the corporate sector, and support the country’s overall economic growth. In a statement, the commission said that...
The Securities and Exchange Commission (SEC) reported that it has received the Outstanding Digital Campaign: Best Short-Form award from the Presidential Communications Office (PCO) for its exemplary initiative to inform, educate and protect the public from fraudulent loan schemes. In a ceremony...
The Securities and Exchange Commission has been commended by the Office of the President for championing the business sector and the investing public. In a statement, the SEC said Special Assistant to the President (SAP) for Investment and Economic Affairs of the Philippines Frederick D. Go lauded...
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...
