After its year-long nationwide roadshow, the Securities and Exchange Commission (SEC) reported that it was able to successfully introduce the capital market as an accessible funding source for small businesses, thus generating millions in capital for hundreds of small businesses in the Philippines. IMAGE CREDIT: https://www.freepik.com/ According to the SEC, 1,584 companies have since registered […]
More rural banks in the Philippines are now consolidating their operations in response to the Bangko Sentral ng Pilipinas (BSP)’s efforts to enhance the risk management of small banks and strengthen the financial health of the sector. Facade shot of the BSP office in Manila (IMAGE CREDIT: www.bsp.gov.ph) This was the general assessment made by […]
Cryptocurrency owners and traders in the Philippines may have to wait longer before the Securities and Exchange Commission (SEC) can release proper cryptocurrency regulations. The news came after the country’s chief financial regulator announced the postponement of the much-awaited release of a legal framework for the industry. IMAGE CREDIT: www.shutterstock.com SEC wants to remain cautious […]
