Japan International Cooperation Agency (JICA) and the Philippine government have launched a technical cooperation project aimed at strengthening sustainable finance and climate-related transparency frameworks in the country. In a statement on Saturday, May 9, JICA Philippines said that it signed...
ABS-CBN Corp. asked to be excluded from an escalating legal battle within its controlling family, following allegations by board director Federico “Piki” R. Lopez that the media company’s top executives dissipated corporate funds. ABS-CBN issued a statement on Friday, May 8, urging the public...
The Securities and Exchange Commission (SEC) reminded the public to verify the registration and authority of financing and lending companies, including their online lending platforms, prior to doing business with them amid the proliferation of scammers pretending to be lenders. This comes as the...
The Securities and Exchange Commission (SEC) cheered the inclusion of Philippine peso-denominated government securities into the J.P. Morgan Government Bond Index - Emerging Markets (GBI-EM). Set to enter the benchmark are nine Philippine government bonds with an aggregate outstanding value of...
The Securities and Exchange Commission (SEC) has intensified its crackdown on corporate identity theft, warning the public against three entities that are impersonating registered firms to peddle unauthorized loan products. In an advisory, the commission flagged the operations of Peso Maya and...
The Securities and Exchange Commission (SEC) urges financing and lending companies to adopt relief measures for borrowers whose ability to pay their debts may have been compromised by rising fuel prices resulting from the conflict in the Middle East. In a notice dated April 16, the Commission...
The Securities and Exchange Commission (SEC) has warned the public against transacting with three individuals and entities engaged in unauthorized investment schemes, financing, and lending activities. In separate advisories, the SEC alerted the public against Marexx Gadgets and Accessories Shop, a...
The Securities and Exchange Commission (SEC) has extended by 15 days to one month the deadlines for filing 2025 annual financial statements (AFS) and related reportorial requirements of corporations with a fiscal year (FY) ending Dec. 31, 2025. In a notice, the SEC said the extension was approved...
The Securities and Exchange Commission (SEC) is intensifying its crackdown on unauthorized investment schemes, naming two entities, Ecocapsule and the HTX group, in its latest round of regulatory warnings. In a formal advisory, the regulator stated that Ecocapsule is operating without the necessary...
The Securities and Exchange Commission (SEC) has issued new rules governing the creation of umbrella funds, which are open-end investment companies that have at least two sub-funds pursuing their own investment objectives. The commission issued SEC Memorandum Circular (MC) No. 14, the rules on...
The Securities and Exchange Commission (SEC) has ordered Melot’s Catering Services to stop its illegal solicitation of investments from the public until it secures the commission’s approval. In a March 14 order, the SEC’s enforcement and investor protection department (EIPD) directed...
The Securities and Exchange Commission (SEC) is putting government contractors in its sights by tightening oversight and elevating qualification standards for auditing firms and external auditors. The commission said this move will further safeguard the investing public and prevent corruption by...