The Securities and Exchange Commission (SEC) has expanded its reach in Mindanao with the opening of a new extension office to serve Koronadal City annd surrounding areas. The Commission said it officially inaugurated on September 20 the SEC Koronadal Extension Office, located at the second floor of...
The Securities and Exchange Commission is giving delinquent corporations another chance to clear their penalties and file annual reports at lower rates until Nov. 30. In 2023, the SEC offered non-compliant, suspended, and revoked corporations a chance to settle their fines and penalties for late...
The Securities and Exchange Commission (SEC) successfully held the SEC Small and Medium Industries and Large Enterprises Embracing Sustainability (SMILEES) Roadshow in Baguio City on Sept. 18, 2024. The event was organized in collaboration with the United Nations Development Programme (UNDP)...
The Securities and Exchange Commission (SEC) has revoked the corporate registration of Boracay Capital Holdings Inc. after it was found to be offering securities to the public without the necessary licenses from the Commission. In an order dated Sept. 4, 2024, the SEC Enforcement and Investor...
The Securities and Exchange Commission (SEC) continues to advance the implementation of beneficial ownership policies to prevent the misuse of the corporate vehicle for illegal activities. Representatives from the SEC Information and Communications Technology Department and the Anti-Money...
The Securities and Exchange Commission (SEC) has ordered Farm to Market (F2M) Agri-Farm OPC and its related entities to stop soliciting investments from the public since it does not have the necessary approvals from the Commission. In its cease and desist order dated August 20, 2024, the Commission...
The Securities and Exchange Commission (SEC) is warning the public against dealing with a fake entity posing as the legitimate Philippine Investment Funds Association (PIFA) on Facebook and CT Loan Cash Loan and Credit Company. The SEC said the public should not buy into the investment scheme...
The Securities and Exchange Commission (SEC) announced that it has revoked the corporate registration of Lucky South 99 Corp. for operating a Philippine Offshore Gaming Operator (POGO) facility in Pampanga without the necessary license. The SEC’s Enforcement and Investor Protection Department...
The Securities and Exchange Commission (SEC) has rolled out an incentive program to encourage delinquent corporations to restore their good standing by giving them discounts on penalties if they submit their delayed annual reports. Following the success of the amnesty program it implemented last...
The Securities and Exchange Commission (SEC) has revoked the corporate franchises of Procap International and Ray International Philippines Corporation for illegally soliciting investments from the public. In a statement, the SEC said its Enforcement and Investor Protection Department (EIPD)...
There is a growing number of women holding executive positions in the Philippines’ publicly-listed companies although not enough are making it to the top of the corporate ladder and not many are being given key corporate roles. A study conducted by Philippine Women’s Economic Network (PhilWEN)...
The Securities and Exchange Commission (SEC) is developing stronger whistleblower protection policies to combat corruption and promote investor protection within the corporate sector. In a statment, the commission said its Anti-Money Laundering Division, in partnership with the United Nations...
