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February 13, 2023
Actor Luis Manzano was a no-show at the National Bureau of Investigation yesterday after he was summoned to answer the allegations of large-scale estafa in connection with a fuel investment scam.
February 11, 2023
Just recently, there was news about the National Bureau of Investigation issuing a subpoena against actor and TV host Luis Manzano over his alleged involvement in a controversy involving FlexFuel Petroleum Corp.
February 6, 2023
Bank of the Philippine Islands is facing a P135-million fine from the Securities and Exchange Commission for failing to secure regulatory confirmation for its stock purchase and option plan conducted almost a decade ago.
January 30, 2023
Supreme Court (SC) The Supreme Court (SC) has declared unconstitutional the circulars issued by the Securities and Exchange Commission (SEC) that required the commissionโs accreditation of certified public accountants (CPAs) who act as external auditors of corporations issuing registered secur
January 30, 2023
The last time I checked, regulators have yet to come out with its report on the P48-billion budget overrun of telco giant PLDT, although initial findings say there are no indications of fraudulent transactions.
January 26, 2023
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
January 25, 2023
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
January 25, 2023
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 countryโs financial regulators by…
January 25, 2023
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...
January 19, 2023
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