News & Updates

News and Updates

EXPLORING THE PSE SECURITIES BORROWING AND LENDING PROGRAM

By Christianne Grace F. Salonga  The Philippine Stock Exchange (PSE) Securities Borrowing and Lending (SBL) Program was implemented in conjunction with the PSE Short Selling Program in November 2023. An SBL…

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Department of Environment and Natural Resources Issues the Interim Guidelines for Environment Compliance Certificate (ECC) Under the Philippine Environmental Impact Statement System (PEISS) for Offshore Wind (OSW) Energy Projects

By Rafael Raymundo A. Evangelista | Maria Josefina M. Concio The Department of Environment and Natural Resources (“DENR”) issued on 18 January 2024 Administrative Order 2024-02 (“Administrative Order”), otherwise referred to…

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Philippine Intellectual Property Office designated by the USPTO as a competent International Searching Authority and International Preliminary Examining Authority

By Rowanie A. Nakan | Raiza Alexis D. Radoc | Natalie Isabel P. LimThe Intellectual Property Office of the Philippines (IPOPHL) has been recognized and designated as a competent International…

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SEC POWERS: SIMPLIFIED GUIDELINES FOR SECURITIES REGISTRATION OF POWER GENERATION COMPANIES AND DISTRIBUTION UTILITIES

By Christianne Grace F. Salonga  Mandated by the Electric Power Industry Reform Act of 2001 (EPIRA), private power generation companies (GenCos) and distribution utilities (DUs) are obliged to offer at least…

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DEPARTMENT OF ENERGY ISSUES THE NATIONAL POLICY FRAMEWORK AND ROADMAP FOR HYDROGEN IN THE ENERGY SECTOR

The Department of Energy (“DOE”) issued on 12 January 2024 Department Circular No. DC2024-01-001 (“Circular”), otherwise referred to as the Hydrogen Energy Guidelines, providing for the national policy framework and…

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QUICK LOOK: BIR Revenue Regulations No. 16-2023 requires E-marketplaces and Digital Financial Services Providers to Withhold 1% Income Tax on Remittances to Merchants

By Carlo B. Valerio | Natalie Isabel P. LimPursuant to Revenue Regulation (RR) No. 16-2023 which became effective on 11 January 2024, the Bureau of Internal Revenue (BIR) has started…

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Cruz Marcelo & Tenefrancia Senior Associate Raiza Alexis D. Radoc Completes International MBA Program

Raiza Alexis D. Radoc, a Senior Associate in the Intellectual Property (IP) Department of Cruz Marcelo & Tenefrancia, has recently successfully completed her studies in the International Master of Business…

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Cruz Marcelo & Tenefrancia Promotes Rowanie A. Nakan to Senior Partner and Anica Angela G. Gomez to Senior Associate Effective 01 January 2024

 Cruz Marcelo & Tenefrancia is pleased to announce the well-deserved promotions of the Intellectual Property Department’s Rowanie A. Nakan to Senior Partner and Anica Angela G. Gomez to Senior Associate…

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The Legal 500 Recognizes Cruz Marcelo & Tenefrancia As One of the Top-Tier Firms in the Philippines

Cruz Marcelo & Tenefrancia has again been recognized by The Legal 500 as a top-tier firm in several practice areas. Thirteen partners have also been recommended in their practice areas.Tier…

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IPOPHL’s Voluntary Site Blocking Rules Take Effect 14 January 2024

First voluntary site blocking mechanism in Asia-Pacific; second in the world The Intellectual Property Office of the Philippines (“IPOPHL”) Rules on Voluntary Administrative Site Blocking (“Site Blocking Rules”) or Memorandum…

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