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SEC moves to help Philippines exit from FATF gray list

The Securities and Exchange Commission (SEC) plans to further raise the compliance rate among corporations for reporting beneficial ownership, a move that will support the country’s bid to exit the global ‘dirty money’ gray list this year......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

SEC to share data with more government agencies

The Securities and Exchange Commission (SEC) is teaming up with more government agencies to boost efforts to combat money laundering and terrorism financing......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

SEC issues cease and desist order vs bogus Ayala Group

SEC issues cease and desist order vs bogus Ayala Group.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

SEC makes registration easier for power companies that are forced to IPO by law

The SEC issued a notice that simplifies the registration process for power generation companies and distribution utilities that are forced to IPO at least 15% of their shares under the EPIRA law......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule

The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

SEC wants to lock-up cornerstone investors in IPOs to prevent rugpulls

The SEC released a draft memorandum for comment last week which looks to regulate how “cornerstone investors” may participate in IPOs going forward......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

A Brown Company has 2nd tranche of preferred shares sale approved by SEC

A Brown Company notified the exchange that the SEC approved its plan to sell a second tranche of preferred shares under its shelf registration......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

SEC moves to liberalize stockbrokers’ commissions

The Securities and Exchange Commission (SEC) is moving to liberalize retail stock market trading to prop up volume in the local bourse......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

SEC Statement on the Hack of Our X Account and the Subsequent False Bitcoin ETF Approval Announcement

Title: SEC Collaborates with Law Enforcement to Combat Threats Promptly In a bid to ensure investor protection and maintain market integrity, the U.S. Securities and.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 13th, 2024

CHED warns public vs fake cash aid announcements

The Commission on Higher Education yesterday warned the public against fake announcements on cash assistance for college students, saying it has not announced applications for subsidy for Academic Year 2024-2025......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

FDA warns public vs fake Valium

The Food and Drug Administration has warned the public against counterfeit Valium being sold in the market......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

PSSO warns anew vs building structures atop dikes, coastal road

The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

UFO? Jesus warns: “the Devil will soar through the heights, causing astonishment”

UFO? Jesus warns: “the Devil will soar through the heights, causing astonishment”.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

LWUA warns of legal action vs. defiant MCWD board

LWUA warns of legal action vs. defiant MCWD board.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

OWWA warns OFWs vs fake FB accounts

OWWA warns OFWs vs fake FB accounts.....»»

Category: newsSource:  sunstarRelated NewsMar 29th, 2024

DTI warns stiff penalties vs selling vapes to minors

DTI warns stiff penalties vs selling vapes to minors.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

DTI warns shoppers vs mystery packages

DTI warns shoppers vs mystery packages.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

House warns Quiboloy of arrest

House warns Quiboloy of arrest.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

China warns Philippines not to play with fire on Taiwan question

BEIJING, Jan. 16 (Xinhua) -- China warns the Philippines not to play with fire on the Taiwan question and to stop sending wrong signals to the "Taiwan independence" separatist forces, a Chinese foreign ministry spokesperson said on Tuesday. Spokesperson Mao Ning made the remarks at a regular news briefing when asked to comment on Philippine President Ferdinand Romualdez Marcos' message of congratulations to Lai.....»»

Category: newsSource:  manilanewsRelated NewsJan 17th, 2024

Groups urge to include placemaking in planning for public spaces

The push for placemaking in planning for public spaces was emphasized by various groups during a recent forum in Davao City. ATTY. Mark Peñalver, executive director of Interfacing Development Interventions for Sustainability (Idis), stressed the importance of incorporating placemaking in public space planning to not only enhance the physical environment but also to promote inclusivity. He highlighted the exclusion of certain sectors in existing public spaces and emphasized the need for stakeholders' input and acknowledgment of their stories in the planning process. Dr. Derlie Mateo-Babiano, an associate professor in Urban Planning Assistant, described placemaking as a means to transform places into spaces that people will cherish. She emphasized the significance of engaging the community in the planning process to understand their cultural, environmental, and other needs. Peñalver also cited a successful placemaking project in Davao Executive Homes, which catered to children, the elderly, and individuals with special needs, demonstrating the positive impact of placemaking. Furthermore, Peñalver advocated for the institutionalization of placemaking in the Comprehensive Land Use Plan and other development plans in Davao City. He highlighted the potential of placemaking to ensure that government projects are beneficial to the community. Architect Harold Delima, co-convenor of Placemaking Davao, discussed ongoing workshops with various demographics to integrate placemaking into the city's development. The groups involved are hopeful that placemaking will become a fundamental aspect of public space planning in Davao City, aiming to create inclusive and community-centered environments......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024