Recent Developments To implement Section 10 of Republic Act No. 11232 or the Revised Corporation Code of the Philippines (Revised Corporation Code),[1] the Securities and Exchange Commission (SEC) has issued Memorandum Circular No. 16 series of 2019 entitled: Guidelines on the Number and Qualifications of Incorporators under the Revised Corporation…
While local laws of Singapore, Malaysia and Indonesia have fully complied with the ASEAN Medical Device Directive (AMDD),…
On 17 June 2019, the China Securities Regulatory Commission (CSRC) and the Financial Conduct Authority of the United Kingdom…
On 15 February 2019, the Securities and Exchange Commission (SEC) released the Memorandum Circular No. 4, Series of 2019 on the Sustainability Reporting Guidelines for Publicly-Listed Companies (PLCs). The Memorandum Circular took effect on 8 March 2019 and will apply to the 2019 Annual Reports that are to be submitted…
Despite geopolitical shifts, uncertainty and various factors that seem to affect numerous sectors, the global luxury and fashion…
Recent Developments On 20 February 2019, Philippine President Rodrigo Duterte signed into law Republic Act (RA) No. 11232…
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…
Recent Developments On 21 February 2019, the Philippine Competition Commission (PCC) issued Resolution No. 03-2019 (CR 3-19) increasing…
Recent Developments On 27 December 2018, the Philippine Competition Commission (PCC) issued the Rules of the Leniency Program…
Australia brings fourth criminal cartel prosecution and first gun-jumping case By Georgina Foster, Anita Thompson and Anthea Burton In June 2018, following a two-year investigation by the Australian Competition and Consumer Commission (ACCC), the Commonwealth Department of Public Prosecutions laid criminal cartel charges against three banks and a number of…