Data protection and privacy should not hinder the government from collecting, using, and sharing personal information during this time of public health emergency. The direction is lawful and straightf...
REMOTE PARTICIPATION IN STOCKHOLDERS’ MEETINGS
In a recent memo, the Philippine Stock Exchange is urging the publicly listed companies to hold their Annual Stockholders’ Meetings (ASM) scheduled over the coming weeks through remote communication...
NEW STRATEGY FOR THE FISHING INDUSTRY
New fisheries management strategy shall be implemented for this month’s sardine fishing season. According to the Bureau of Fisheries and Aquatics Resources (BFAR) Zamboanga Peninsula Office, it star...
DELIVERY OF GOVERNMENT SERVICE IS FASTER NOW
This is the message being conveyed by the government with the enactment of Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018. The new law is an...
NEW RULES FOR TRADEMARK OPPOSITION AND CANCELLATION CASES
Aiming to provide speedy, quality, and effective legal remedies to resolve IP disputes, the Intellectual Property Office of the Philippines amended the Rules and Regulations on Inter Partes Proceeding...
“JUDGES AT LARGE” TO EASE CASE BACKLOG
The worsening docket load in the lower courts has long been a concern. To address this, the Supreme Court will be hiring 50 ‘judges at large’ as stated in an administrative resolution dated Decemb...
NOTICE OF STOCKHOLDERS’ MEETING NOW AT 21 DAYS
In order for the stockholders or members to prepare and participate more effectively in matters concerning the corporation, the SEC has issued Memorandum Circular No. 3, Series of 2020, requiring comp...
ONE-STOP SHOP REGISTRATION NOW AVAILABLE FOR ONE-PERSON CORP
Under the government’s National Business One-Stop Shop, known as NBOSS, an end-to-end registration for OPCs is now available at the Securities and Exchange Commission (SEC) Office in Pasay City. Thi...
MENTAL HEALTH POLICY IS NOW MANDATORY IN THE WORKPLACE
Pursuant to Republic Act No. 11036, otherwise known as the Mental Health Act, the Department of Labor and Employment has issued policy guidelines making it mandatory for establishments to formulate a ...
SEC ISSUES DRAFT RULES FOR CORPORATIONS CONVERTING INTO OPCS
The Securities and Exchange Commission (SEC) has issued on 17 February 2020 a draft memorandum circular on the guidelines for converting corporations to a one person corporation (OPC). This draft will...