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 »

This article talks about the SEC Memorandum Circular No. 3, Series of 2025 and the mandatory use of SEC Zuper Easy Registration Online (ZERO) platform for the registration of corporations using the Electronic Simplified Processing of Application for Registration of Company (eSPARC) and One-day Submission and E-registration of Companies (OneSEC) portals.

The Mandatory Digital Transition: SEC Memorandum Circular No. 3, series of 2025 and the Implementation of SEC ZERO in Corporate Registration

This article talks about the SEC Memorandum Circular No. 3, Series of 2025 and the mandatory use of SEC Zuper Easy Registration Online (ZERO) platform for the registration of corporations using the Electronic Simplified Processing of Application for Registration of Company (eSPARC) and One-day Submission and E-registration of Companies (OneSEC) portals.

The Mandatory Digital Transition: SEC Memorandum Circular No. 3, series of 2025 and the Implementation of SEC ZERO in Corporate Registration Read More »

This talks about the insufficiency of the General Information Sheet (GIS), by itself, is as proof of stock ownership since it is the Stock and Transfer Book (STB) that is the ultimate legal determinant of corporate membership.

The Stock and Transfer Book as the Controlling Record of Shareholders: Refuting the Conclusiveness of the General Information Sheet

This talks about the insufficiency of the General Information Sheet (GIS), by itself, is as proof of stock ownership since it is the Stock and Transfer Book (STB) that is the ultimate legal determinant of corporate membership.

The Stock and Transfer Book as the Controlling Record of Shareholders: Refuting the Conclusiveness of the General Information Sheet Read More »