Following a series of public consultations, the Securities and Exchange Commission (SEC) has issued SEC Memorandum Circular No. 20, Series of 2026, entitled “Guidelines Prescribing Prudential...

On 1 September 2022, the Build-Operate-Transfer Law Implementing Rules and Regulations (IRR) Committee approved the Revised 2022 IRR of Republic Act No. 6957...

The Philippine domain name registrar, DotPh, announced that it has started offering anonymous registrations for the i.ph domain. This is intended to support bloggers and individuals who maintain websites for personal purposes.

Yes. The Fiscal Incentives Review Board (FIRB) issued a Resolution dated September 14, 2022, which further extended the effect of FIRB Resolution No. 17-2022 which temporarily allows RBEs...

On 21 August 2023, the Philippine Competition Commission ("PCC") issued the Guidelines for the Motu Proprio Review of Mergers and Acquisitions...

The Circular took effect on March 17, 2023.

UITFs refer to an open-ended pooled trust funds denominated in pesos or any acceptable currency, which are operated and administered by a trust entity ("TE") and made available by participation.

The Philippine Stock Exchange (PSE) issued Memorandum CN-No. 2020-0104, dated December 21, 2020, on the amendments to its Voluntary Delisting Rules.

If the 50% threshold is breached, the applicable income tax rate is the 25% regular corporate income tax rate.

Before September 22, 2021, no. In the case of Saint Wealth Ltd. v. Bureau of Internal Revenue, the Supreme Court ruled that before the effectivity of Republic Act No. 11590, which was passed into law on September 22, 2021...

BSP Circular No. 1085 defines "E&S risk" as potential financial, legal, and/or reputational negative effect of environmental and social issues on the bank.

On 1 September 2022, the Build-OperateTransfer Law Implementing Rules and Regulations (IRR) Committee approved the Revised 2022 IRR of Republic Act No. 6957, as amended by Republic Act No.

Yes. In Aces Philippines Cellular Satellite Corporation v. The Commissioner of Internal Revenue ("CIR") (G.R. No. 226680, August 30, 2022), the Supreme Court ("SC") held that payments...

In 2021, the BIR issued Revenue Memorandum Order (RMO) No. 14-2021 to streamline the procedures and requirements for the availment of tax treaty benefits.

This briefing sets out a round-up of certain key developments in Philippine technology law in the first three quarters of 2025 and a general situationer on AI use regulation.

Yes. In Commissioner of Internal Revenue and LT Collection Enforcement Agency v. Court of Tax Appeals (Second Division) and American Wire & Cable Co., Inc...

Because of changing investment and consumer norms and a shifting global policy and regulatory landscape, sustainability and environmental, social and governance (ESG) concerns...

On 14 September 2020, the National Privacy Commission ("NPC") issued Circular No. 20-01 setting forth the guidelines on the processing of personal data for loan-related transactions.

No. In Republic of the Philippines vs. Robiegie Corporation (G.R. No. 260261, October 3, 2022), the Supreme Court ("SC") held that a new LOA is needed if the Bureau of Internal Revenue...

No. In Republic of the Philippines vs. Robiegie Corporation (G.R. No. 260261, October 3, 2022), the Supreme Court ("SC") held that a new LOA is needed if the Bureau of Internal Revenue...