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SC:  CPAs need no added accreditation

from SEC to practice their profession – Manila Bulletin

Supreme Court (SC) The Supreme Court (SC) has declared unconstitutional the circulars issued by the Securities and Exchange Commission (SEC) that required the commissionโ€™s accreditation of certified public accountants (CPAs) who act as external auditors of corporations issuing registered secur
Davao City Allanm Basarte Jonasp Mascarinas Cpas Froilang Ampil Justice Ricardor Rosario Christian Jay
Source: mb.com.ph

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Cemex parent to increase stake to 89.86%

CEMEX Asian South East Corporation (CASEC) is increasing its stake in Cemex Holdings Philippines Inc. (CHP) to 89.86 percent from 77.89 percent by acquiring an additional 11.97 percent through a P2.1 billion tender offer. In a disclosure to the Philippine Stock Exchange, Cemex said the tender off
Cemex Asian South East Corporation Cemex Holdings Philippines Inc Philippine Stock Exchange South East Corporation Cemex Holdings Philippines Tender Offer
Source: mb.com.ph

SEC getting more teeth vs crypto, online scammers

The Securities and Exchange Commission (SEC) has drafted, for public comment, the Implementing Rules and Regulations (IRR) of Republic Act No. 11765, or the Financial Products and Services Consumer Protection Act (FCPA) which also covers digital products and cryptocurrencies. In a statement, the C
Bangko Sentral Services Consumer Protection Act Exchange Commission Insurance Commission Implementing Rules Republic Act
Source: mb.com.ph

Draft FCP Act IRR includes cryptos, disgorgement

THE Securities and Exchange Commission has released the draft implementing rules and regulations for public comment on the Financial Products and Services Consumer Protection Act (FCPA). The draft IRR will operationalize the newly-signed law that aims to protect the interests of financial consumers by strengthening the countryโ€™s financial regulators by…
Bangko Sentral Exchange Commission Services Consumer Protection Act Insurance Commission Cornell University Financial Products

SEC releases draft IRR of financial consumer protection law

MANILA - The Securities and Exchange Commission (SEC) has released the draft implementing rules and regulations (IRR) of Republic Act 11765, or the Financial Products and Services Consumer Protection Act (FCPA), for public comment. The draft IRR will operationalize the newly signed law that aims to protect the interests of financial consumers by strengthening the country's financial regulators by providing them with rule-making, surveillance, inspection, market monitoring and more enforcemen...
Bangko Sentral Rodrigor Duterte Services Consumer Protection Act Exchange Commission Insurance Commission Republic Act

Public warned against Oriental Peak Mining

The Securities and Exchange Commission is warning the public against investing in Oriental Peak Mining or with its president Ranillo Paz since both the company and Paz are not authorized to solicit investments. The corporate watchdog said it has noticed that individuals or group of persons, partic
The Philippines Ranillo Paz Exchange Commission Corporation Code Of The Philippines Oriental Peak Mining Securities Regulation Code
Source: mb.com.ph

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