PH SEC Approves Offsite Trading Protocols, Allows Submission of Reports Via Email
The Securities Clearing Corporation of the Philippines (SCCP) will operate with a skeletal workforce to facilitate clearing and settlement.
The Securities Clearing Corporation of the Philippines (SCCP) will operate with a skeletal workforce to facilitate clearing and settlement.
The guidelines are in line with the declaration of a state of public health emergency in the Philippines.
March 18, 2020 – The Securities and Exchange Commission (SEC) Main Office and Extension/Satellite Offices in Luzon are closed until further notice. This is in line with the imposed Enhanced Community Quarantine and Stringent Distancing Measures over Luzon, which took into effect at 12:00 am on March 17, 2020 until 12:00 am April 13, 2020….
SEC said the report must contain all measures they have undertaken or will undertake when it comes to the mitigation of the risks and impact of the COVID-19 outbreak.
March 12, 2020 – The Philippines Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP) both announced measures and response plan in light of the Coronavirus outbreak which the World Health Organization (WHO) recently declared as a pandemic. State of Public Health Emergency In a press release, the SEC said it will…
The SEC will always enforce its rules.
Invest, Wait, and Earn Option – 50% weekly income depending on the amount invested, which ranges from Php 1,000 to Php 500,000. The investor also has the option to reinvest.
As reported by the Manila Times, the comment came from SEC Chairperson Emilio Aquino during the signing of the amended Real Estate Investment Trusts (REITs) regulations.
Certified Public Accountants can rely and be guided by such interpretations when performing accounting and audit services for cryptoasset businesses.
If a company in the Philippines is not registered to solicit investments here, then they should not solicit investments here.