Search for:
Author

Dennis A. Quintero

Browsing
Dennis Quintero is a partner in the Corporate & Commercial/M&A Practice Group of Quisumbing Torres. He heads the Firm's Energy, Mining & Infrastructure and Financial Institutions Industry Groups. He is part of the Firm’s Competition Focus Group. He is cited as a Market Leader by the IFLR 1000: Financial and Corporate Guide 2018-2020. He is consistently ranked as a leading individual in Corporate and M&A by The Legal 500 Asia Pacific and as a leading individual in Projects, Infrastructure, and Energy/Natural Resources and Mining by the leading international legal directories (i.e., Chambers Global and Asia Pacific, IFLR1000/The Petroleum Economist, and The Legal 500 Asia Pacific). Dennis is also a Certified Public Accountant. He was appointed co-chair of the 2013 Conference of the International Bar Association and Australian Resources and Energy Law Association Southeast Asia in Singapore. He is a member of the Association of International Petroleum Negotiators. He was cited as one of IFLR’s Asia’s Best Lawyers for 2019 and 2020 (Energy & Infrastructure, M&A, Project Finance) and among Asia Business Law Journal’s “A-List” of the Top 100 lawyers in the Philippines.
In Trade and Foreign Investment

Philippines: Renewable energy sector is now open to full foreign ownership

by , and 6 Mins Read

On 15 November 2022, the Department of Energy issued Department Circular No. 2022-11-0034 to amend Section 19 of the Rules and Regulations Implementing Republic Act No. 9513, otherwise known as the Renewable Energy Act of 2008. The amendments remove Filipino ownership requirements previously imposed on the exploration, development and utilization of solar, wind, hydro and ocean or tidal energy resources, to allow full foreign ownership.

In AML & Financial Services Regulatory

Philippines: Fintech in the Philippines 2022

by , and 2 Mins Read

The guide provides the latest regulatory information on sandboxes, robo-advisers, online lenders, payment processors, marketplaces, exchanges and trading platforms, high-frequency and algorithmic trading, financial research platforms, insurtech, regtech, blockchain, non-fungible tokens (NFTs) and open banking.

In Asia-Pacific

Philippines: Financial Institutions Strategic Transfer Act signed into law

by , and 7 Mins Read

On 16 February 2021, President Rodrigo Duterte signed Republic Act No. 11523 or the Financial Institutions Strategic Transfer Act (“FIST Act”). The FIST Act allows financial institutions (FIs), including the Bangko Sentral ng Pilipinas (BSP), banks, financing companies, investment houses, lending companies, insurance companies, government financial institutions, government-owned or -controlled corporations, and other institutions licensed by the BSP to perform quasi-banking functions and credit-granting activities, to offload non-performing loans and other bad assets to a Financial Institutions Strategic Transfer Corporation (FISTC). The law took effect on 22 February 2021.

In AML & Financial Services Regulatory

Philippines: BSP releases Guidelines on the Establishment of Digital Banks

by , and 3 Mins Read

The Bangko Sentral ng Pilipinas (BSP) issued Circular No. 1105, series of 2020, the Guidelines on the Establishment of Digital Banks (Circular). It took effect on 23 December 2020. The Circular considers digital bank as a distinct classification of bank and provides the framework for its operation and establishment.

In Asia-Pacific

Philippines: Philippine economic stimulus law now in effect

by , and 10 Mins Read

On 11 September 2020, President Rodrigo Duterte signed into law Republic Act No. 11494, otherwise known as the Bayanihan to Recover as One Act (Bayanihan 2), which details the measures to be implemented by the Philippine government to stimulate and accelerate the recovery of the Philippine economy from the adverse impact brought about the by the Coronavirus 2019 (COVID-19) pandemic. 

The Bayanihan 2 took effect on 15 September 2020.

In Philippines

Philippine Insurance Commission Issues Guidelines for Admissibility of Investments by Insurance Companies in Infrastructure Projects

by and 2 Mins Read

The Insurance Commission, through Circular Letter No. 2018-74 dated 28 December 2018 (Circular Letter), issued the guidelines for admissibility of investments in infrastructure projects, thereby encouraging insurance and professional reinsurance companies to invest in infrastructure projects under the Philippine Development Plan (PDP) for 2017 to 2022. Based on the Circular…