The Securities and Exchange Commission (SEC) is warning the public against dealing with and engaging scammers offering to facilitate unauthorized online loan and banking transactions through online messaging platforms and social media, as well as fraudsters posing as bank or government employees....
DigiPlus Interactive Corp., the country’s premier digital entertainment provider, is on track to meet the stricter financial reporting guidelines imposed by the Securities and Exchange Commission (SEC). The firm announced the publication of its 2025 Integrated Report, establishing a comprehensive...
Local fintech firm BlockShoals Technologies Inc. has been allowed by the Securities and Exchange Commission (SEC) to operate as a crypto asset intermediary (CAI), giving Filipinos access to the products and services of Binance, the world’s largest crypto exchange. Under the partnership,...
The interagency Financial Stability Coordination Council (FSCC) has flagged rising risks to the Philippine financial system stemming from the prolonged war in the Middle East, increasing corporate vulnerabilities, and growing household debt, although officials said the country’s banking sector...
Former Chief Justice Artemio Panganiban said he is unfazed by new regulatory rules that will strip him of most of his independent board seats, even as GMA Network Inc. fails in its initial court bid to block the sweeping boardroom shakeup. The Securities and Exchange Commission’s (SEC)...
The Securities and Exchange Commission (SEC) finalized rules imposing a maximum 10-year cumulative term limit for broker-directors of the Philippine Stock Exchange (PSE), standing firm against pushback from local stockbrokers while offering a two-year transition window. Under SEC Memorandum...
The Securities and Exchange Commission (SEC) has revoked the broker-dealer registration of Mount Peak Securities Inc. after uncovering widespread regulatory violations, fraudulent financial reporting, and the use of a dummy account by the firm’s top executive. The regulator’s Markets and...
The Securities and Exchange Commission (SEC) has amended its rules by expressly including securities exempt from registration with the commission, such as government securities (GS), in the portfolio threshold requirements for qualified buyers. The SEC said the amendment is aimed at promoting...
The Philippines’ largest fintech industry group is backing the proposal by the Securities and Exchange Commission (SEC) to transfer regulatory oversight of lending and financing companies to the Bangko Sentral ng Pilipinas (BSP). Lito Villanueva, FinTech Alliance PH founding chairman, said the...
The Securities and Exchange Commission (SEC) has suspended the imposition of monthly penalties in the late or non-filing of reportorial requirements until December 31, 2026 in order to reduce transaction costs and promote the ease of doing business. In its meeting last May 5, the Commission En Banc...
The Securities and Exchange Commission (SEC) has published a user-friendly digital compilation of its latest rules and regulatory updates to simplify public access to the country’s securities regulations. The commission called the published material the Annotated Consolidated Reference of the...
The Securities and Exchange Commission (SEC) has issued four advisories warning the public against Xelora for illegally soliciting investments, as well as against individuals posing as representatives of Aurora Securities Inc., Value Quest Finance Corp., and Glimms Credit Inc. to conduct...
