Saturday, May 2, 2026
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Tag: SEC

SEC supports lifting bank secrecy

The Securities and Exchange Commission (SEC) expressed strong support for proposed amendments to lift bank secrecy restrictions to help address government corruption and enhance...

SEC eases capital-raising rules with new registration framework

The Securities and Exchange Commission (SEC) has relaxed its rules on shelf registration to give companies more flexibility when raising capital. The changes extend the...

SEC supports money-laundering probe on flood control projects

The Securities and Exchange Commission (SEC) said it supports a probe by the Anti-Money Laundering Council (AMLC) into possible money laundering linked to anomalous...

SEC, DOF sign data-sharing deal on beneficial ownership

The Securities and Exchange Commission (SEC) has signed a data-sharing agreement (DSA) with the Department of Finance (DOF) on beneficial ownership information. The deal, signed...

DoubleDragon launches P10.9-billion fixed-rate bond offering

DoubleDragon Corp. said Friday it began selling up to P10.9 billion in fixed-rate peso retail bonds after receiving a permit to sell from the...

Dali Everyday Grocery operator incurred P1.9-billion loss in 2024

Hard Discount Philippines Inc., the operator of Dali Everyday Grocery, incurred a net loss of P1.9 billion in 2024, wider than the P1.8 billion...

SEC asks energy companies to pursue sustainable finance, IPOs to fund projects

The Securities and Exchange Commission (SEC) is urging energy companies to use sustainable finance instruments to attract global capital and support the country's clean...

JRL Kwarta employees fined for wooing investors

A regional trial court in Pangasinan has fined five employees of JRL Kwarta Trading Co. a total of P750,000 for allegedly soliciting investments from...

Asiabest Group plans capital hike via follow-on offer, private placement

Asiabest Group International Inc. (ABG) said Wednesday its board of directors approved several fundraising initiatives, including a planned follow-on offering as part of its...

DOJ indicts Abra Mining for alleged illegal trading of shares

The Department of Justice (DOJ) has indicted Abra Mining & Industrial Corporation (AR), its directors, officers, transfer agent and certain stockholders for the allegedly...

SEC expands 1-day business registration

The Securities and Exchange Commission (SEC) said Wednesday it has expanded the number of industries eligible under its One Day Submission and Electronic Registration...

SEC monitors citizenship case of Global Ferronickel chairman

The Securities and Exchange Commission (SEC) said Tuesday it is monitoring the case of Global Ferronickel Holdings Inc. chairman Joseph Sy, who is facing...

SEC orders closure of 7 unregistered online lenders

The Securities and Exchange Commission (SEC) has ordered seven online lending platforms (OLPs) to cease operations. The SEC’s Financing and Lending Companies Division (FinLend) issued...

Villar Land vows to cooperate with SEC after P12-million fine

Villar Land Holdings Corp. said it would fully cooperate with the Securities and Exchange Commission (SEC) after the regulator imposed a P12-million fine on...
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