๐ฆ๐๐, ๐๐ข๐ ๐๐ถ๐ด๐ป ๐ฏ๐ฒ๐ป๐ฒ๐ณ๐ถ๐ฐ๐ถ๐ฎ๐น ๐ผ๐๐ป๐ฒ๐ฟ๐๐ต๐ถ๐ฝ ๐ฑ๐ฎ๐๐ฎ ๐๐ต๐ฎ๐ฟ๐ถ๐ป๐ด ๐ฑ๐ฒ๐ฎ๐น
The Securities and Exchange Commission (SEC) has signed a Data Sharing Agreement (DSA) with the Department of Finance (DOF) to strengthen transparency and accountability in the extractive sector through the Philippine Extractive Industries Transparency Initiative (PH-EITI).
The deal enhances access to beneficial ownership data of companies in line with global standards, supporting efforts to combat corruption, illicit financial flows, and tax evasion.
This milestone follows the Philippinesโ exit from the FATF grey list and reinforces good governance, public trust, and sustainable development in the management of natural resources.
Read the full press release here: https://www.sec.gov.ph/…/sec-dof-sign-beneficial…/
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