Learn how SEC administrative sanctions differ from criminal fines for corporate offenses under the Revised Corporation Code.
How Do Corporate Administrative Sanctions Differ from Criminal Fines? Read More »
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.
What are the maximum and minimum administrative fines the SEC may impose for violating the Code? If the SEC finds that any provision of the Code, rules, or orders has been violated, it may impose several administrative sanctions (SEC. 158, Revised Corporation Code of the Philippines). The primary sanction is the imposition of a fine
