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SEC Memorandum Circular No. 14 (2025), Interest Rate Ceilings, Financing and Lending Companies, Financial Products and Services Consumer Protection Act (FCPA), Effective Interest Rate (EIR), Nominal Interest Rate (NIR), Unsecured General-purpose Loans, Administrative Sanctions, Anti-Circumvention Measures, Total Cost Cap, corporate lawyer, loan,

Ceilings on Interest Rates for Unsecured Loans not exceeding P10,000: An Explainer on the RECALIBRATED CEILINGS ON INTEREST RATES AND OTHER FEES CHARGED BY FINANCING COMPANIES AND LENDING COMPANIES (SEC MC No. 14, s. 2025)

This article talks about SEC Memorandum Circular No. 14 (2025) wherein starting 01 April 2026, loans not exceeding 10 months are subject to a maximum effective Interest Rate of 12% per month and a total cost cap where the sum of all interests and fees cannot exceed 100% of the principal.

Ceilings on Interest Rates for Unsecured Loans not exceeding P10,000: An Explainer on the RECALIBRATED CEILINGS ON INTEREST RATES AND OTHER FEES CHARGED BY FINANCING COMPANIES AND LENDING COMPANIES (SEC MC No. 14, s. 2025) Read More »

An Explainer on the Revised Beneficial Ownership Disclosure Rules of 2026 (SEC MC No. 15, s. 2025)

Transparency in Corporate Governance: An Explainer on the Revised Beneficial Ownership Disclosure Rules of 2026 (SEC MC No. 15, s. 2025)

This article talks about SEC Memorandum Circular No. 15 (2025) or the Revised Beneficial Ownership Disclosure Rules of 2026 which implements a rigorous transparency framework requiring corporations to identify the natural persons who exercise ultimate effective control over their operations.

Transparency in Corporate Governance: An Explainer on the Revised Beneficial Ownership Disclosure Rules of 2026 (SEC MC No. 15, s. 2025) Read More »