𝗦𝗘𝗖 𝗢𝗨𝗧𝗟𝗜𝗡𝗘𝗦 𝗥𝗨𝗟𝗘𝗦 𝗢𝗡 𝗘𝗫𝗘𝗠𝗣𝗧 𝗧𝗥𝗔𝗡𝗦𝗔𝗖𝗧𝗜𝗢𝗡𝗦 𝗨𝗡𝗗𝗘𝗥 𝗦𝗥𝗖
The Securities and Exchange Commission (SEC) has released guidelines on exempt transactions under Section 10 of the Securities Regulation Code (SRC), streamlining procedures to promote ease of doing business while ensuring investor protection. This amendment clarifies when confirmation of exemption and payment of fees are required, providing greater transparency and predictability for companies and market […]
𝗦𝗘𝗖, 𝗗𝗢𝗙 𝘀𝗶𝗴𝗻 𝗯𝗲𝗻𝗲𝗳𝗶𝗰𝗶𝗮𝗹 𝗼𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗱𝗮𝘁𝗮 𝘀𝗵𝗮𝗿𝗶𝗻𝗴 𝗱𝗲𝗮𝗹
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 […]
𝗡𝗼𝘁𝗶𝗰𝗲 𝘁𝗼 𝗦𝗘𝗖 𝗰𝗼𝘃𝗲𝗿𝗲𝗱 𝗽𝗲𝗿𝘀𝗼𝗻𝘀 𝗼𝗻 𝘁𝗵𝗲 𝗽𝗿𝗼𝗵𝗶𝗯𝗶𝘁𝗶𝗼𝗻 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 𝘁𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻𝘀 𝗶𝗻𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗼𝗻𝗹𝗶𝗻𝗲 𝗴𝗮𝗺𝗯𝗹𝗶𝗻𝗴 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺𝘀 𝗻𝗼𝘁 𝗿𝗲𝗴𝗶𝘀𝘁𝗲𝗿𝗲𝗱 𝘄𝗶𝘁𝗵 𝗣𝗵𝗶𝗹𝗶𝗽𝗽𝗶𝗻𝗲 𝗔𝗺𝘂𝘀𝗲𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗚𝗮𝗺𝗶𝗻𝗴 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗶𝗼𝗻 (𝗣𝗔𝗚𝗖𝗢𝗥)
As seen on SEC’s official page: The Anti-Money Laundering Council (AMLC) issued a reminder to all covered persons on the prohibition against transactions involving online gambling platforms not registered with Philippine Amusement and Gaming Corporation (PAGCOR). In view of the foregoing, all covered persons (CPs) supervised and regulated by the Securities and Exchange Commission (SEC) […]
BIR – Revenue Regulations No. 20-2025
BIR releases announcement on Revenue Regulations No. 20-2025 – Implementing the Rate Adjustment of Stock Transaction Tax (STT) and the Imposition of the STT on the Sale of Exchange of Domestic Shares of Stocks and Other Securities Listed and Traded Through a Foreign Stock Exchange Under Section 17 of Republic Act No. 12214, Otherwise Known […]
𝗡𝗢𝗧𝗜𝗖𝗘: 𝗔𝗺𝗲𝗻𝗱𝗺𝗲𝗻𝘁 𝗼𝗳 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀 𝗳𝗼𝗿 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝗗𝗲𝗰𝗿𝗲𝗮𝘀𝗲 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗦𝘁𝗼𝗰𝗸
SEC releases an announcement on requirements for decrease of capital, The Securities and Exchange Commission (SEC) no longer requires the written consent of each creditor for applications to decrease authorized capital stock filed via the Financial Analysis and Audit Department (FAAD). However, please be reminded that the publication requirement for such applications will be strictly […]
𝗦𝗘𝗖 𝗱𝗶𝗿𝗲𝗰𝘁𝘀 𝗱𝗲𝗰𝗹𝗮𝘀𝘀𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗰𝗼𝗺𝗺𝗼𝗻 𝘀𝗵𝗮𝗿𝗲
ON August 8 – The SEC released news regarding declassification of common share. The Securities and Exchange Commission (SEC) has directed all listed companies to discontinue the classification of common shares previously imposed to monitor foreign ownership limits, to ensure efficiency in executing and settling equity trades. The Commission on August 7 issued SEC Memorandum […]
𝗦𝗘𝗖 𝗯𝗼𝗹𝘀𝘁𝗲𝗿𝘀 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗠𝗦𝗠𝗘𝘀 𝗯𝘆 𝗰𝘂𝘁𝘁𝗶𝗻𝗴 𝗿𝗲𝗱 𝘁𝗮𝗽𝗲 𝗳𝗼𝗿 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻, 𝗳𝘂𝗻𝗱 𝗿𝗮𝗶𝘀𝗶𝗻𝗴
Recently, SEC announced their efforts on soldering the support for MSME, as seen on Manila Bulletin and posted on their website and social media channels, read them below. The Securities and Exchange Commission (SEC) has bolstered support for micro, small, and medium enterprises (MSMEs) with fresh initiatives to bring its services closer to businesses, including […]
BIR – Revenue Memorandum Circular No. 63-2025
Revenue Memorandum Circular No. 63-2025 Circularizing Treasury Circular No. 3-2025, titled “Supplemental Guidelines to the Treasury Circular (TC) Nos. 3-2024 Dated 12 April 2024 and TC 02-2022 dated 31 May 2022 in Line the Implementation of the National Government Collection and Disbursement System (NGCDS) of the Bureau of the Treasury. Full Text https://tinyurl.com/y5zsyfz6 Annex A: […]
BIR Tax Deadline July
July 1, 2025 Tuesday SUBMISSION Consolidated Returns of All Transactions based on the Reconciled Data of the Stockbrokers. June 16–30, 2025 Engagement Letters and Renewals or Subsequent Agreements for Financial Audit by Independent CPAs. Fiscal Year beginning September 1, 2025
