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Tune in to a report on new democratic
Tune in to a report on new democratic voting demographics in Ghana Ghana Political Parties Vie for Power in December Polls Twitter Instagram Facebook YouTube RSS US Politics Migration About America Silicon Valley and Technology Africa The Americas East Asia Pacific Europe Center East South and Central Asia Expressions and Culture Day in Photos EconomyContinue reading “Tune in to a report on new democratic”
Foreign forex denominated govt bonds as securities deposit through a PH branch
One of the securities mandated to be deposited by means of a Philippine Branch with the Securities and Exchange Commission (SEC) can be in the shape of US Dollar (USD)-denominated bonds to be issued by the Philippine government. Section 126 of the Old Corporation Code expressly provides that overseas agencies licensed to do business inContinue reading “Foreign forex denominated govt bonds as securities deposit through a PH branch”
Participation via remote conversation or in absentia in stockholders’, board conferences
One of the tremendous reforms in the Revised Corporation Code (RCC), in any other case known as Republic Act No. 11232, is the participation and balloting of stockholders through faraway verbal exchange or in absentia (Section 49, RCC). Considered as one of the provisions for the safety of minority buyers, this reform can help theContinue reading “Participation via remote conversation or in absentia in stockholders’, board conferences”
OPC: Conversion from everyday stock enterprise
Section 131 of Republic Act No. 11232, otherwise known as the Revised Corporation Code of the Philippines (RCC), provides for the conversion of an everyday corporation into a One Person Corporation (OPC). Conversion is defined as a method of inflicting something to change from one configuration to another. It involves putting in some thing referredContinue reading “OPC: Conversion from everyday stock enterprise”
Sustainability reporting pointers for PLCs
The Securities and Exchange Commission (SEC) these days launched the Sustainability Reporting Guidelines for Publicly Listed Companies (PLCs), thru SEC Memorandum Circular No. Four, Series of 2019. The stated suggestions mandate that PLCs put up a sustainability document as a part of their annual document each year. This, however, increases the question, “What is sustainability?”Continue reading “Sustainability reporting pointers for PLCs”
SEC’s proposed policies on ICO
The Securities and Exchange Commission (SEC) has published the proposed rules on initial coin supplying (ICO) on its website dated Dec. 28, 2018. To begin with, ICO is described as, “fundraising sports commonly performed by start-usain which tokens are issued in return for coins, different cryptocurrencies or different belongings”. With those proposed policies, the SECContinue reading “SEC’s proposed policies on ICO”