The Securities and Exchange Commission (SEC) is seeking to encourage more industries to list their assets as real estate investment trusts (REITs) by expanding the list of income-generating assets that can qualify as REIT assets. In an interview, SEC Chairman Francis Ed. Lim said the SEC is clearly...
The Securities and Exchange Commission (SEC) has lifted the suspension of Jia Financing Inc.’s Certificate of Authority after admitting that it had failed to observe due process by not first notifying the firm of its violations. In moving for a partial reconsideration, Jia said the order issued...
Capital market stakeholders are seeking to tap the vast and growing mass affluent segment of young tech-savvy Filipino investors, as it presents a huge opportunity for wealth creation in the country. To enable this segment to help enlarge the country’s economic pie, a video library project was...
Maynilad Water Services Inc. has been granted the first Philippine Green Equity label by the Securities and Exchange Commission (SEC) based on the new guidelines the regulator issued to further promote sustainable finance. The grant makes Maynilad’s planned initial public offering (IPO) more...
The Securities and Exchange Commission (SEC) has approved the rental pool program of the Floirendo group’s Damosa Land Inc. for its condotel in the island garden city of Samal in Davao. According to the SEC, Damosa Land is the first securities issuer to successfully register under the...
The Securities and Exchange Commission (SEC) has launched its Green Equity Guidelines, the first of its kind in Southeast Asia, as it continues to advance sustainable finance in the region. The commission, on Sept. 23, issued SEC Memorandum Circular No. 13, Series of 2025, outlining the Guidelines...
The Securities and Exchange Commission (SEC) is supporting proposals to amend existing bank secrecy laws as part of the government’s continuing fight against corruption. “As a corporate and capital market regulator, the SEC welcomes the proposed easing of our bank secrecy laws as a necessary...
The Securities and Exchange Commission (SEC) is giving companies more flexibility in offering securities, particularly in the timing of issuances, as market conditions can be volatile. In line with this, the commission said it has expanded the validity of shelf registration offerings and simplified...
The Securities and Exchange Commission (SEC) is waring the public against dealing with Quadbit Verse and C’preneur Perfume Trading for their unauthorized solicitation of investments. In separate advisories, the SEC said both Quadbit Verse and C’preneur have been found to be soliciting...
Senate Majority Leader Juan Miguel “Migz” Zubiri expressed concern over the absence of any law that caps interest rates on online lending applications, warning that the gap leaves millions of Filipinos exposed to predatory practices. At the hearing of the Senate Committee on Games and...
The Department of Finance (DOF) and the Securities and Exchange Commission (SEC) have signed a data sharing agreement (DSA) on beneficial ownership information in support of the government-led initiative tasked to uphold international standards for the sound management of natural resources. The...
The Securities and Exchange Commission (SEC) has issued new guidelines clarifying which securities offerings are exempt from registration, aiming to streamline the process for companies raising capital. In a statement, the SEC said it wants to provide clearer guidance to potential capital market...