Tag "Securities and Exchange Commission (SEC)"
SEC Enlists Apple and Google to Ban Binance Apps in the Philippines
The Securities and Exchange Commission (SEC) of the Philippines has taken the unusual step of reaching out to tech giants Google and Apple to remove applications operated by the cryptocurrency platform Binance from their respective digital marketplaces, Google Play and
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SEC Flags eToro as Unauthorised for Investment Offerings in the Philippines
The Securities and Exchange Commission (SEC) of the Philippines has issued a warning to the public regarding eToro, an online investment trading platform that is not authorised to sell or offer securities in the country. The notice highlights the importance
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Philippines’ SEC Moves to Block Binance Amid Licensing Concerns
In a significant development, the Philippines’ Securities and Exchange Commission (SEC) has escalated its actions against the unlicensed operations of Binance, the globally renowned leading cryptocurrency exchange, until recently. This move comes after the SEC’s decision, during their meeting on
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SEC and NTC Take Action Against OctaFX, MiTrade for Offering Unregistered Securities
In a decisive move to shield investors, the National Telecommunications Commission (NTC) has enacted a directive, prompted by the Securities and Exchange Commission (SEC), to immediately restrict access to OctaFX’s website and applications. This action is in response to identified breaches
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Hubert Dominic B. Guevara Returns to SEC as Commissioner
Hubert Dominic B. Guevara has been appointed as a new Securities and Exchange Commission (SEC) commissioner, succeeding fellow attorney Kelvin Lester K. Lee, whose term has concluded. Guevara, with a background as a lawyer and extensive experience in both the
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SEC Issues Alert on Unregistered Investment Schemes by DigiVault Trading and Altstrade
The Securities and Exchange Commission (SEC) has issued a cautionary notice to the public regarding their dealings with DigiVault Trading and Altstrade, highlighting that these entities are not authorised to solicit investments due to lack of registration with the SEC.
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SEC Slaps P1 Million Fine on CryptoAsset Trading Following Scam Accusations
The Securities and Exchange Commission (SEC) has recently enacted measures against CryptoAsset Trading OPC by revoking its certificate of incorporation and levying a fine. This step was taken in light of the firm’s engagement in unauthorised investment solicitations, which strayed
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SEC Says Binance Not Licensed for Operations in the Philippines
The Securities and Exchange Commission (SEC) of the Philippines has recently issued an advisory concerning the online cryptocurrency exchange Binance. The SEC has stated that Binance is not authorised to sell or offer securities to the public within the Philippines.
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SEC Allows Crowdfunding Portals to Act as Registrars of Qualified Buyers
The Philippines’ Securities and Exchange Commission (SEC) has allowed crowdfunding portals to act as registrars of qualified institutional and individual buyers. This means that crowdfunding intermediaries and funding portals will no longer be reliant on third party institutions to assist
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SEC Aims to Enhance Sustainability Reporting for PLCs
The Philippines’ Securities and Exchange Commission (SEC) is drafting revised guidelines for sustainability reporting by publicly listed companies (PLCs). The new guidelines will aim to ensure consistency and uniformity in the sustainability measures reported by PLCs, as well as enhance
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