News & Updates

News and Updates

SEC Issues Guidelines on the Implementation of the ASEAN Capital Markets Forum Pass

Pursuant to the Memorandum of Understanding dated 12 October 2018 between the regulators of the Philippines, Thailand, Malaysia and Singapore, on 26 February 2019, the Securities and Exchange Commission (“SEC”)…

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Mobile Number Portability Act Signed Into Law

Republic Act No. 11202, otherwise known as the “Mobile Number Portability Act” was signed into law by President Rodrigo Duterte on 08 February 2019. It took effect on 06 March…

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SEC Requesting For Comments On Proposed Guidelines

Subsequent to the passage of Republic Act No. 11232, otherwise known as the Revised Corporation Code, the Securities and Exchange Commission (“SEC”), through separate Notices issued on 15 March 2019,…

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PCC Clarifies the Coverage of Compulsory Notification in Land Acquisition

On 8 January 2019, the Philippine Competition Commission (“PCC”) issued Clarificatory Note No. 19-001 (“CN No. 19-001”) to guide the public on the coverage of compulsory notification under Republic Act…

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Salient Changes under the Revised Corporation Code

Republic Act No. 11232, otherwise known as the “Revised Corporation Code of the Philippines” or “RCC”, was signed into law by President Rodrigo Duterte on 20 February 2019. The RCC…

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SEC Revises General Information Sheet Form

On 27 November 2018, the Securities and Exchange Commission (“SEC”) issued Memorandum Circular No. 17, Series of 2018 (“M.C. No. 17”) which provides for a revision of the General Information…

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The Legal 500 and Cruz Marcelo & Tenefrancia Manila Roundtable: The Changing Role of In-House Counsel in the Philippines

On 16 October 2018, Cruz Marcelo & Tenefrancia co-presented the first Legal 500 Manila Roundtable on the changing role of legal departments and in-house legal counsel in the Philippines and…

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Two Cruz Marcelo & Tenefrancia Lawyers Successfully Qualify as Certified Fraud Examiners

Attys. Elmar B. Galacio and Kristine Ann C. Venzuela, CPA, were recently certified as Fraud Examiners (CFE) by the Association of Certified Fraud Examiners (ACFE), the world's largest anti-fraud organization…

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Cruz Marcelo & Tenefrancia explains Philippine Cryptocurrency Laws, Regulations in ALB Special

CMT’s Aida Araceli G. Roxas-Rivera and Paolo S. Tamase contributed the article Cryptocurrency Laws and Regulations in the Philippines in the May/June 2018 issue of the Asia Business Law Journal.…

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The Philippine Intellectual Property Office Issues Revised Rules on Mediation Proceedings

The Intellectual Property Office of the Philippines (“IPO”) has issued its Revised Rules on Mediation Proceedings, amending Office Order No. 154, Series of 2010 which governed the rules on the…

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