SEC issues Rules on Material Related Party Transactions for Publicly-Listed Companies
The Securities and Exchange Commission (“SEC”) has issued Memorandum Circular No. 10, Series of 2019, promulgating the Rules on Material Related Party Transactions for Publicly-Listed Companies (the “Rules”) which became…
Read MoreSEC 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”)…
Read MoreMobile 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…
Read MoreSEC 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,…
Read MorePCC 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…
Read MoreSalient 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…
Read MoreSEC 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…
Read MoreThe 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…
Read MoreTwo 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…
Read MoreCruz 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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