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+ Follow LENDING COMPANY REGULATION ACT Tag
SEC to lending firms: Comply with limits
By Neil Jerome Morales | May 13, 2013 - 12:00am
Companies and entities engaged in handing out loans are now required to be more prudent in lending to related parties.
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List of investment areas reserved for Pinoys expanded
By Alexis Romero | November 3, 2012 - 12:00am
An executive order (EO) seeking to expand the economic activities and investment areas reserved to Philippine nationals has been signed by President Aquino.
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CA stops SEC from implementing rules
By Zinnia B. Dela Peña | November 14, 2005 - 12:00am
The Court of Appeals has issued an order preventing the Securities and Exchange Commission from implementing its rules on the creation and regulation of lending companies on the ground that the issuance was not derived...
Business
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SEC not keen on regulating lending companies
By Zinnia B. Dela Peña | October 13, 2004 - 12:00am
The Securities and Exchange Commission (SEC) is not too keen on a proposal giving it the authority to regulate lending companies as it intends to concentrate more on the development of the domestic capital market....
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SEC to fine lending firms refusing to convert to financing companies
By Zinnia B. Dela Peña | March 6, 2004 - 12:00am
The Securities and Exchange Commission (SEC) will penalize lending institutions that still refuse to convert into financing companies as required under the Financing Company Act. SEC Chairman Lilia R. Bautista said...
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Lending firms may avoid mandatory conversion
By Zinnia B. Dela Peña | May 22, 2003 - 12:00am
Lending firms may not be obliged to convert into financing companies after all as the Lower House is poised to pass the Lending Company Regulation Act by June 6. The bill, once signed into law, will lay...
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SEC warns public vs investment solicitors
By Zinnia B. Dela Peña | December 26, 2002 - 12:00am
Keeping a closer watch on the growing operations of non-bank lending institutions in the country, the Securities and Exchange Commission has warned the public against financing and lending firms that solicit investments...
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