Philippines Accedes to Apostille Convention
On 14 May 2019, the Philippines’ accession to the Hague Convention Abolishing the Requirement of Legalization for Foreign Public Documents (the “Apostille Convention”) took effect. The Apostille Convention was created to abolish the requirement for diplomatic or consular legalization of foreign public documents. The Philippines acceded to the Apostille Convention on 12 September 2018. Pursuant
Read MoreCMT Holds Screening of “Honor: The Legacy of Jose Abad Santos” for its 6th Anniversary
In celebration of its 6th anniversary, Cruz Marcelo & Tenefrancia (“CMT”) held a film screening of “Honor: The Legacy of Jose Abad Santos”, a 2018 documentary-film directed and written by Bani Logroño, on 18 June 2019 at the Bonifacio High Street Central Square Cinema. The firm’s name partners, Avelino J. Cruz, Jr., Simeon V. Marcelo,
Read MoreSEC issues Amended Guidelines and Procedures on the Use of Corporate and Partnership Names
On 21 June 2019, the Securities and Exchange Commission (“SEC”) issued Memorandum Circular No. 13, Series of 2019 (“MC No. 13-19”), promulgating the Amended Guidelines and Procedures on the Use of Corporate and Partnership Names. MC No. 13-19 amended Memorandum Circular No. 5, Series of 2005, as amended by Memorandum Circular No. 8, Series of
Read MoreSEC Defers Implementation of SEC MC No. 17, Series of 2018, on Beneficial Ownership Disclosure, to 31 July 2019
The Securities and Exchange Commission (SEC), pursuant to SEC En Banc Resolution dated 27 June 2019, has issued a Notice deferring implementation of the new requirement of disclosure of beneficial ownership information in the General Information Sheet under SEC Memorandum Circular (“SEC MC”) No. 17, Series of 2018, to 31 July 2019. Prior to the
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