BSP closes window for new digital bank applicants
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), has decided to close the window for
Read More
Government
SEC issues rules for ASEAN cross-border investments
Qualified investment companies from the Philippines may now offer its shares to Malaysia, Singapore, and Thailand, and vice versa, following
Read More
BSP eases FX rules to support digital payments
The Monetary Board (MB) has approved further amendments to FX regulations to promote greater ease in the use of FX
Read More
SEC okays Apollo Global FOO, Phinma bond offering
The Securities and Exchange Commission (SEC) has considered favorably the follow-on offering (FOO) by Apollo Global Capital, Inc. and fixed-rate
Read More
SEC launches new office for fintech innovation
The Securities and Exchange Commission (SEC) is paving the way for more innovations in the fintech industry to further promote
Read More
Winners of 18th Citi Microentrepreneurship Awards announced
Filipino innovation and “bayanihan spirit” took center stage at the 18th Citi Microentrepreneurship Awards (CMA), where ten innovative, resilient, and
Read More
AUB rolls out QR Ph to customers, merchants
Asia United Bank (AUB) has rolled out QR Ph to its customers and merchants under its Hellomoney and AUB PayMate
Read More
BSP and payment industry hold pilot launch of QR Ph P2M
The Bangko Sentral ng Pilipinas (BSP) and the payment services industry led by the Philippine Payments Management, Inc. (PPMI) held
Read More
SEC cancels Eco Hatchery’s corporate registration over unauthorized investment scheme
The Securities and Exchange Commission (SEC) has revoked the corporate registration of Eco Hatchery and Trading Corporation for soliciting investments
Read More
SEC empowers minority investors in listed firms to call stockholders’ meetings
The Securities and Exchange Commission (SEC) has issued rules allowing minority shareholders in publicly-listed companies (PLC) to call special stockholders’
Read More
SEC revokes Bill Ford VIP Trading’s incorporation for illegal investment scheme
The Securities and Exchange Commission (SEC) has canceled the corporate registration of Bill Ford VIP Trading, Inc. for engaging in
Read More
SEC launches new company registration system
The Securities and Exchange Commission (SEC) has launched the Electronic Simplified Processing of Application for Registration of Company (eSPARC) to
Read More
BSP approves reputational risk management guidelines
The Monetary Board approved the guidelines on reputational risk management which set out the supervisory expectations for Bangko Sentral ng
Read More
BSP maintains ceilings on credit card transactions
The Monetary Board maintained the credit card ceilings on credit card transactions under Circular No. 1098 dated 24 September 2020.
Read More
SEC extends deadline for GIS submission
The Securities and Exchange Commission (SEC) has extended the deadline for the submission of the General Information Sheet (GIS) to
Read More
BIR has TIN verifier app for taxpayers
The Bureau of Internal Revenue (BIR) has launched its Mobile Taxpayer Identification Number (TIN) Verifier app that lets taxpayers validate
Read More
SEC makes payments easy with online portal
Paying registration and other transaction fees in the Securities and Exchange Commission (SEC) is now faster, more convenient, and secure
Read More
BSP creates Payments and Currency Management Sector, names new deputy governor
The Bangko Sentral ng Pilipinas (BSP) has recently established the Payments and Currency Management Sector (PCMS) which is tasked to
Read More
SEC clears Aboitiz Power’s bond offering, Ace Medical Center – Palawan’s IPO
The Securities and Exchange Commission (SEC) has considered favorably the public fundraising of Aboitiz Power Corp. and Allied Care Experts
Read More
SEC releases draft implementing rules of FIST Act
The Securities and Exchange Commission (SEC) has released the draft Implementing Rules and Regulations (IRR) of Republic Act No. 11523,
Read More