Under its new leadership, the Securities and Exchange Commission (SEC) remains committed to implementing reforms that will further enhance the ease of doing business in the Philippines and deepen the capital market. In a courtesy visit to Finance Secretary Ralph G. Recto, new SEC Chairperson...
The Securities and Exchange Commission (SEC) has established a physical helpdesk in its Makati headquarters that caters to public inquiries and concerns in a bid to streamline processes and improve the efficiency of its services. The Commission said it officially opened the Public Assistance and...
The Securities and Exchange Commission (SEC) has issued cease-and-desist orders (CDO) against Bravo Zulo Romeo Lending Corp. (BZR Lending) for unauthorized lending operations and Magic Peso for illegally operating an online lending platform and for unfair debt collection practices. In a June 24,...
The Securities and Exchange Commission (SEC) has ordered Convenience Cash Lending Corporation to stop operating its unregistered lending activities, including those under the names Zada Cash and Bloom Cash. In a cease and desist order (CDO) issued on May 27, the SEC Financing and Lending Companies...
The Securities and Exchange Commission (SEC) is making access to corporate data more affordable by slashing the prescribed fees and charges for requests for corporate documents by half starting July 1. The Commission on June 24 issued Memorandum Circular No. 6, Series of 2025, providing for the...
The Securities and Exchange Commission has issued new rules requiring financing and lending firms to have landline numbers and fixed addresses to which they can be reached to ensure accountability and their legitimacy. Under the new rules, the name of the company and its address must match those...
The Securities and Exchange Commission (SEC) has vowed to further strengthen its efforts to combat money laundering and terrorism financing in the corporate sector following the Philippines’ exit from the European Commission’s (EC) list of high-risk jurisdictions for financial crimes. “The...
A total of 401 lending firms lost their licenses for failure to comply with reportorial requirements of the Securities and Exchange Commission (SEC). In a statement, the commission said it has cancelled the primary registration and secondary licenses of the lending companies as part of its campaign...
The Securities and Exchange Commission (SEC) has approved the shelf registration of Aboitiz Power Corp.’s (AboitizPower) ₱100-billion worth of fixed rate bonds and its ₱30-billion offering for the first tranche. In a statement, the SEC said the Commission en banc has considered favorably the...
Public policy group Infrawatch PH is calling on the Securities and Exchange Commission (SEC) to close enforcement gaps on unlicensed crypto exchanges amid the recent launch of the Commission’s strategic surveillance and enforcement sandbox (StratBox). The group said that while StratBox marks...
The Securities and Exchange Commission (SEC) has issued new rules to regulate the marketing, issuance, and trading of crypto-assets, as well as the registration and operation of crypto-asset service providers (CASPs) in the country. The commission stated that these rules are designed to strike a...
New Securities and Exchange Commission (SEC) Chairman Francis Ed. Lim President aims to transform the commission into “a no-nonsense regulator—firm when necessary, but always fair, efficient, reliable, and professional.” Lim officially took over on June 10, 2025, from Emilio B. Aquino after...
