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…
Read MoreSEC 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…
Read MoreCMT 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)…
Read MoreUNPACKING 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…
Read MoreEXPLORING 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…
Read MoreDepartment 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…
Read MorePhilippine Intellectual Property Office designated by the USPTO as a competent International Searching Authority and International Preliminary Examining Authority
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 Searching…
Read MoreSEC POWERS: SIMPLIFIED GUIDELINES FOR SECURITIES REGISTRATION OF POWER GENERATION COMPANIES AND DISTRIBUTION UTILITIES
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 15%…
Read MoreDEPARTMENT 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…
Read MoreQUICK LOOK: BIR Revenue Regulations No. 16-2023 requires E-marketplaces and Digital Financial Services Providers to Withhold 1% Income Tax on Remittances to Merchants
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 requiring…
Read More