The Securities and Exchange Commission (SEC), under the SEC Memorandum Circular (MC) No. 16 Series of 2020, adopts a relaxed set of guidelines on the authentication of Articles of Incorporation in applications for registration of new domestic corporations, promoting an easier process for business registration in the Philippines.
securities and exchange commission philippines
The Securities and Exchange Commission, under SEC Memorandum Circular No. 11, has extended the deadline for submission or filing of Securities Deposit, issued on March 26, 2020 as a relief to the challenges of the business sector brought by the coronavirus disease (COVID-19) outbreak.
The Securities and Exchange Commission, under SEC Memorandum Circular No. 5, has extended the deadline for filing of 2019 Annual Reports, applicable 2020 quarterly reports, and 2019 Audited Financial Statements (AFS) issued on March 12, 2020.
SEC is now accepting applications for the revival of expired corporations, following the publication of the pertinent guidelines on December 6.
The Securities and Exchange Commission (SEC) issued the proposed rules on Digital Asset Exchange (DAE) on Tuesday, July 16, inviting brokers, dealers, investment houses, investment public, and other interested parties to submit their views, comments, and inputs on the contents of the draft.
SEC drafts guidelines to prevent lending companies (LCs) and financing companies (FCs) from using “unfair” debt collection practices on their borrowers.
The Securities and Exchange Commission (SEC) is now accepting applications for the registration of a One Person Corporation (OPC), a corporation with a single stockholder, following the issuance of the pertinent guidelines.
The Securities and Exchange Commission (SEC) formally launched on Friday last week the Sustainability Reporting Guidelines for Publicly-Listed Companies (PLCs), requiring such companies to disclose compliance/non-compliance of the recommendations provided under the Code of Corporate Governance for PLCs operating in the Philippines.