The Philippine Securities and Exchange Commission (SEC) has partnered with the Securities and Exchange Regulator of Cambodia (SERC) to collaborate on developing their respective capital markets. The two agencies signed a memorandum of understanding (MoU) in Kuala Lumpur, Malaysia, earlier this...
The Securities and Exchange Commission (SEC) came out as the country’s public-sector “Paper-less Champion” for saving nearly 217 million pages of paper through its online platforms that digitalized company registration and reports submission. Development Academy of the Philippines (DAP)...
The Securities and Exchange Commission (SEC) of the Philippines has officially assumed the chairmanship of the Association of Southeast Asian Nations (ASEAN) Capital Markets Forum (ACMF), following the handover ceremony earlier this month in Kuala Lumpur, Malaysia. Taking the helm from the...
The Securities and Exchange Commission (SEC) is pushing for reforms to strengthen the Philippine corporate bond market and broaden capital market access for small and medium enterprises (SMEs), with strategic engagement from the World Bank Group (WBG) and its private-sector lending arm,...
The Securities and Exchange Commission (SEC) has issued for public comment its draft amendments to the rules governing real estate investment trusts (REITs), expanding the list of allowable assets and relaxing limitations on public ownership and the reinvestment period. The Commission released the...
The Securities and Exchange Commission (SEC) is moving to establish a witness protection program for individuals who report illegal activities like investment scams, predatory lending, money laundering, terrorist financing, market abuse, and disclosure violations. On Nov. 12, the SEC issued for...
The Securities and Exchange Commission (SEC) has formed a technical working group with the Philippine Stock Exchange (PSE) to speed up the drafting of new policies that will help in developing the capital market, such as the expansion of the minimum public ownership rule for listed companies. In an...
The Securities and Exchange Commission (SEC) wants to exempt more corporations from the mandatory submission of audited financial statements, in a bid to further reduce compliance costs for micro, small, and medium enterprises (MSMEs). In a policy paper submitted to the Department of Finance (DOF)...
The Securities and Exchange Commission (SEC) has slapped a ₱1-million fine against Surity Cash Lending Investors Corp. for its unfair debt collection practices. The Commission En Banc decided to impose the fine after Surity Cash was found to have committed three counts of violation of SEC...
The Securities and Exchange Commission’s successful introduction of a complete, end-to-end, and paperless incorporation process has earned recognition of the Philippines as having one of the best company registration systems in the world. The Corporate Registers Forum (CRF) awarded the SEC...
The Securities and Exchange Commission (SEC) reported that it had given discounts in fees amounting to ₱80 million to thousands of corporations, including micro, small and medium enterprises (MSMEs), across more than 40,000 transactions due to recent corporate sector reforms. Since July, the SEC...
The Securities and Exchange Commission (SEC) has approved a stock split for Globe Fintech Innovations Inc. (Mynt), the owner of GCash, a move intended to lower the per-share price and make the stock more affordable for its long-anticipated initial public offering (IPO). In a disclosure to the...
