News & Updates

News and Updates

DOE issues Department Order No. DO2024-04-0003 Streamlining Certifications for Energy Projects of National Significance

Patricia A. O. Bunye | Hannah Rose Marian U. FurigayThe Department of Energy (“DOE”) of the Philippines issued on 01 April 2024 Department Order No. DO2024-04-0003 (the “Department Order”), entitled…

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Embracing Innovation: Insights on Artificial Intelligence in the Legal Profession

Hannah Rose Marian U. Furigay On April 19, 2024, Ms. Marian Coquia-Regidor of Zendesk delivered a detailed lecture on the application of Artificial Intelligence (AI) within the legal sector at Cruz…

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EXPLORING THE TAXATION TREATMENT IN THE PHILIPPINES OF CROSS-BORDER SERVICES

Eric T. Dykimching and Christianne Grace F. Salonga The Bureau of Internal Revenue (BIR) issued on January 10, 2024, Revenue Memorandum Circular (RMC) No. 5-2024 (RMC 5-2024),  establishing the guidelines for…

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Cruz Marcelo & Tenefrancia Hosts AIPLA’s Global Networking Event in the Philippines

Patricia A.O. Bunye | Raiza Alexis D. Radoc | Bianca Marie J. Angela M. Rañola |Natalie Isabel P. Lim Cruz Marcelo & Tenefrancia (CMT) hosted an afternoon of cocktails and conversations…

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SEC INTRODUCES A REGULATORY SANDBOX TO FOSTER THE GROWTH OF INNOVATIVE PRODUCTS AND SERVICES IN THE PHILIPPINES

The Securities and Exchange Commission (SEC) has introduced the SEC Strategic Sandbox through SEC Memorandum Circular No. 9, Series of 2024 (Circular) dated 25 April 2024,  enabling firms to delve…

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SEC RELEASES GUIDELINES FOR CORNERSTONE INVESTORS IN IPOS

Christianne Grace F. Salonga  and Urania Estrellita Amelia Remedios P. LindoThe Securities and Exchange Commission (SEC) has issued the Guidelines for Cornerstone Investors in Initial Public Offerings dated 11 April…

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CMT Sponsors 2024 PIArb-ICCA Philippine Roadshow

Cruz Marcelo & Tenefrancia (CMT) will host the Seminar-Workshop on the New York Convention and Investment State Arbitration on 03 May 2024 organized by the Philippine Institute of Arbitrators (PIArb)…

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UNPACKING THE PSE SHORT SELLING PROGRAM

Christianne Grace F. Salonga The Philippine Stock Exchange (PSE) implemented the PSE Short-Selling Program on November 6, 2023, following the effectivity of the PSE Guidelines for Short Selling Transactions in October…

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EXPLORING THE PSE SECURITIES BORROWING AND LENDING PROGRAM

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 transaction…

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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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