RCBC taking in more foreign investors
Rizal Commercial Banking Corp. has received the green light from the Bangko Sentral ng Pilipinas to amend its articles of incorporation and take in additional strategic foreign investors.
Source: philstar.com
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Wellcons CDO permanent – SEC
The Securities and Exchange Commission has ordered the permanent closure of Wellcons Unlimited Systems Inc., an entity found to be offering investment packages to the public without the necessary license.
Source: philstar.com
Franklin M. Drilon's big shoes to fill
Franklin “Frank” Magtunao Drilon retired from public service after having served in numerous positions throughout his career. Drilon served as labor and employment secretary, justice secretary and executive secretary under President Corazon C. Aquino.
Source: philstar.com
Don't invest with Binance, Philippines securities regulator says
In response to advocacy efforts by Infrawatch PH, the country’s SEC confirmed that Binance doesn’t hold any license to operate in the Philippines.
Source: coingeek.com
Landmark ruling
As early as 2007, the country already had an anti-red tape law whose aim was to improve efficiency in the delivery of government services to the public by reducing bureaucratic red tape and preventing graft and corruption.
Source: philstar.com