BSP creates Payments and Currency Management Sector, names new deputy governor

The Bangko Sentral ng Pilipinas (BSP) has recently established the Payments and Currency Management Sector (PCMS) which is tasked to

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SEC clears Aboitiz Power’s bond offering, Ace Medical Center – Palawan’s IPO

The Securities and Exchange Commission (SEC) has considered favorably the public fundraising of Aboitiz Power Corp. and Allied Care Experts

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SEC releases draft implementing rules of FIST Act

The Securities and Exchange Commission (SEC) has released the draft Implementing Rules and Regulations (IRR) of Republic Act No. 11523,

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IC targets rollout of Catastrophe Insurance Facility in first quarter

The Insurance Commission (IC) is targeting to roll out in the first quarter of 2021 the Philippines’ first private sector-led

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SEC okays DoubleDragon’s REIT offering

The Securities and Exchange Commission (SEC) has considered favorably the nearly P14.71 billion initial public offering (IPO) of a real

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SEC cancels Chiyuto’s OPC registration over illegal investment scheme

The Securities and Exchange Commission (SEC) has revoked the certificate of incorporation of Chiyuto Creative Wealth Documentation Facilitation Services for

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SEC warns against crypto, crowdfunding, and franchising scams

The Securities and Exchange Commission (SEC) has warned the public against individuals and groups engaged in unauthorized investment-taking activities disguised

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6 of 30 institutions correctly predicted Philippines’ GDP of -9.5% for 2020

A fifth of the 30 institutions polled by the Department of Finance (DOF) correctly predicted the contraction of the Philippines’

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BSP allows lower minimum opening amount for investment management activities

The Monetary Board (MB) approved the reduction of the minimum account opening amount for investment management activities from P1 million

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Compulsory use of payment reference numbers for short-term SSS loan payments starts April 1

Computer-generated payment reference numbers (PRNs) will be required for short-term loan payments starting April 1, 2021, state fund Social Security

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SEC stops Chiyuto’s illegal investment scheme

The Securities and Exchange Commission (SEC) has barred Chiyuto Creative Wealth Documentation Facilitation Services from soliciting investments from the public

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BPI AMTC launches “Wealth Radio” podcast channel on Spotify

BPI Asset Management and Trust Corporation (AMTC), a wholly owned subsidiary of the Bank of the Philippine Islands (BPI), is

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