Republic Act No. 11517 Authorizes President to Expedite the Issuance of Permits, Licenses and Certifications During National Emergencies
The President signed on 23 December 2020 Republic Act No. 11517 or “An Act Authorizing the President to Expedite the Processing and Issuance of National and Local Permits, Licenses and Certifications in Times of National Emergency” (“RA 11517“). RA 11517 covers all agencies of the Executive branch, including departments, bureaus offices, commissions, boards, councils,
Read MoreDOE issues a moratorium on endorsement of greenfield coal-fired power projects to improve the sustainability of the Philippines’ electric power supply
The Department of Energy (“DOE”) has issued a moratorium on the endorsement of greenfield coal-fired power projects to improve the sustainability of the Philippines’ electric power supply. The moratorium took effect on 27 October 2020 and was issued to aid in the implementation of the Department’s policies aiming to improve energy sustainability, reliability, and flexibility
Read MoreIPOPHL Adopts Online Videoconferencing as Preferred Mode of Conducting Mediation Proceedings Through Amendments to Revised Rules of Mediation and Rules of Procedure for IPOPHL Mediation Outside Litigation
The Philippine Intellectual Property Office (“IPOPHL”) has amended the Revised Rules of Mediation and the Rules of Procedure for IPOPHL Mediation Outside Litigation (“Mediation Outside Litigation Rules”), through Memorandum Circular No. 2020-047, Amendments to the Revised Rules on Mediation (“MC 2020-047”) and Memorandum Circular No. 2020-048, Amendment to the Rules of Procedure for IPOPHL Mediation Outside of
Read MoreSupreme Court issues Guidelines on the Externship Program in Courts of Law Student Practitioners [A.M. No. 19-03-24-SC]
The Supreme Court has approved the Guidelines on the Externship Program of Law Student Practitioners under Rule 138-A (“Externship Guidelines”), amending Bar Matter Nos. 1552 and 1552-A and OCA Circular No. 75-2016 or the Guidelines for On-the-Job Training and Legal Apprenticeship Program for College and Law Students in the Supreme Court, Other Collegiate Appellate Courts,
Read MoreSEC Provides Financing Companies, Lending Companies, and Accredited Microfinance NGOs Financial Reporting Relief by Allowing the Staggered Booking of Credit Losses Provisions
Pursuant to Republic Act No. 11494 or the “Bayanihan to Recover as One Act”, the Securities and Exchange Commission (“SEC”) issued Memorandum Circular No. 35 dated 28 December 2020 (“MC 35-2020”) providing relief to licensed financing companies (“FCs”), lending companies (“LCs”), and accredited microfinance NGOS (“MF-NGOS”) in the form of the staggered booking of provision
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