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Politics

SEC URGED: STOP LENDERS FROM SHARING PERSONAL DATA

Senator Raffy Tulfo exposed several lapses he observed in the Securities and Exchange Commission (SEC) in terms of regulating financial and lending companies operating their respective online lending applications (OLAs). According to Tulfo, his office has received numerous complaints from netizens who borrowed from OLAs and were shocked to find that their personal information was […]

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Government

DTI, SEC SIGN DATA EXCHANGE PROTOCOL

The government is empowering businesses to operate with greater confidence and ease, reinforcing the Philippines as a competitive and business-friendly hub, according to Department of Trade and Industry Secretary Cristina Roque. Together with the Security Exchange Commission (SEC), the Department of Trade and Industry (DTI) formalized the Swift Corporate and Other Records Exchange (SCORE) Protocol […]

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Politics

RIZAL SOLON URGES GOV’T TO BOOST FINANCIAL LITERACY DRIVE AMID PANDEMIC

Rizal 2nd District Rep. Fidel Nograles said the government should double its efforts to promote financial literacy amid an increase in reports of scams during the pandemic, with the Securities and Exchange Commission revealing that it has issued 68 advisories regarding questionable investment offers during the ongoing public health crisis. In separate advisories, the SEC […]

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Government

NAT’L BUSINESS ONE-STOP SHOP NOW ONLINE – LOPEZ

The Philippine government launched recently the National Business One-Stop Shop (NBOSS) at the Securities and Exchange Commission (SEC), with the aim of integrating the processes of different agencies in one location for one-person corporation applicants. NBOSS is a physical co-location for agencies related to starting a business including the SEC, the Bureau of Internal Revenue, […]