News & Updates

News and Updates

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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DENR Issues New Environmental and Monitoring Guidelines for Mines

On 17 August 2018, the Department of Environment and Natural Resources (“DENR”) issued: (1) Administrative Order No. 2018-19 entitled “Guidelines for Additional Environmental Measures for Operating Surface Metallic Mines” (“DAO…

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Securities and Exchange Commission Approves Guidelines on Issuance of ASEAN Green Bonds

The Securities and Exchange Commission (“SEC”) issued and approved the Guidelines on the Issuance of Green Bonds under the ASEAN Green Bonds in the Philippines (“Guidelines”) on 16 August 2018,…

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Supreme Court issues Rule on Cybercrime Warrants

On 03 July 2018, the Supreme Court promulgated the new Rule on Cybercrime Warrants (A.M. No. 17-11-03-SC). The new set of rules was issued after the passage of the Cybercrime…

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