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Technical Updates • 2022-03-01

Newsletter No. 04. Mar 2022. SEC Updates

In this issue:

The Securities and Exchange Commission provided various MCs regarding the:

1) Implementation of BSP C ircular N o. 1133 series of 2021
on the ceiling/s on interest rates and other fees charged by LCs , FCs , and their online lending platforms

2) Guidelines on disqualifications of directors, trustees, and officers of corporations; and the procedure for their removal and

3) Guidelines on corporate dissolution under Sections 134, 136 and 138 of the Revised Corporation Code.

Download the full publication below and the Annexes Memo here:

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