The Securities and Exchange Commission (SEC) is moving to overhaul the training requirements for corporate board members and executives, proposing a new set of guidelines aimed at aligning local boardrooms with international governance standards. The regulator released a draft memorandum circular...
The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) are moving to revitalize the domestic capital market by introducing rules for Global Philippine Depository Receipts, which would allow local investors to trade foreign stocks in the local currency. SEC Chairman...
The Securities and Exchange Commission (SEC) has penalized Global Dominion Financing Inc. for employing unfair and abusive debt collection practices through third-party agents amid tightening of oversight on the nation’s lending sector. In a formal order, the SEC’s Financing and Lending...
Billionaire Manuel B. Villar denied allegations of price manipulation and insider trading filed by the Securities and Exchange Commission (SEC), describing the charges as baseless while vowing to defend his family’s business reputation. Villar, the Philippines’ richest person, said in a...
The Securities and Exchange Commission (SEC) filed criminal charges against Villar Land Holdings Corp., its top executives, and related entities for alleged market manipulation and insider trading. In a complaint filed with the Department of Justice on Jan. 30, the regulator accused the company of...
The Securities and Exchange Commission (SEC) has overhauled the guidelines governing the registration of qualified buyers for private stock placements, moving to standardize how banks and brokerages vet high-net-worth investors. The corporate regulator issued Memorandum Circular No. 5, Series of...
The Securities and Exchange Commission (SEC) is tightening its grip on boardroom oversight, moving to permanently bar independent directors from serving more than nine years in a single company. In line with international best practices, the Commission issued on Jan. 26, 2026, SEC Memorandum...
The Securities and Exchange Commission (SEC) is easing capital-raising rules for smaller businesses, removing a costly auditing hurdle in a bid to accelerate corporate expansion and reduce bureaucratic friction. The regulator issued Memorandum Circular No. 6 on Jan. 22, which expands the use of...
The Securities and Exchange Commission (SEC) is preparing to release a series of regulatory overhauls aimed at loosening listing requirements for large-scale initial public offerings (IPOs) while tightening governance standards for corporate boards. On the sidelines of a Financial Executives...
The Securities and Exchange Commission (SEC) will launch on Jan. 30, 2026, its Hierarchical and Applicable Relations and Beneficial Ownership Registry (HARBOR) for the dedicated online submission of beneficial ownership (BO) reports by registered companies. The launch of HARBOR, a web-based...
The Securities and Exchange Commission (SEC) is exempting micro-enterprises from the requirement to submit audited financial statements, a move intended to lower the cost of doing business for the country’s smallest corporations. Under Memorandum Circular No. 4, Series of 2026, the regulator...
The Securities and Exchange Commission (SEC) has moved to accelerate corporate filings, issuing new rules that slash processing times for companies seeking to amend their governing documents. In a memorandum circular released Jan. 12, the regulator expanded the scope of its digital filing system to...
