In an effort to further combat money laundering and terrorist financing activities in the Philippines, the Securities and Exchange Commission (SEC) issued SEC Memorandum Circular (MC) No. 01-2021, otherwise known as the Beneficial Ownership Transparency Guidelines.
Advisories
The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-MEID) issued Resolution No. 98 on February 4 to prescribe the list of foreign nationals allowed to enter the Philippines starting February 16.