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Amicus Curiae

The following articles were also published in BusinessWorld.

May 17, 2018

The Securities and Exchange Commission (SEC), recognizing the financial sophistication of trust funds, released on April 20, the proposed rules and regulations on determining whether a trust fund is a qualified buyer (Proposed Rules). To put things into context, under the Securities Regulation Code (SRC), any sale of securities to a qualified buyer is an exempt transaction, i.e., the sale or... Read More

May 09, 2018

German-American socialist editor and author, Oscar Ameringer, once said: “Politics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other.” This is, indeed, a tough balancing act if at all possible. President Rodrigo R. Duterte found this to be so, at least with respect to the issue of “contractualization.” During the 2016... Read More

Shenna Jane T. Parado

May 02, 2018

Almost four (4) years have lapsed since the Enhanced Basic Education Act of 2013, or Republic Act 10533 (RA 10533), introduced the Enhanced Basic Education Program or the K to 12 to the Philippines. By now, we have our first graduates of the K-to-12 Program. Upon the effectivity of RA 10533, a decrease in enrolment at the Higher Educational Institutions (HEI) from 2016 and 2017 until 2021-2022... Read More

April 18, 2018

The law cannot just be gauged on the basis of its provision. One should consider how its administrator views it. It should be recalled Congress recently passed the Tax Reform for Acceleration and Inclusion (TRAIN) Act, with the veto of its certain provisions. It would thus be interesting to see how the government, through the Department of Finance (DoF) specifically the Bureau of Internal Revenue... Read More

April 13, 2018

The National Privacy Commission (NPC) recently extended the deadline to submit the Annual Security Incident Report for all security incidents occurring in 2017, to June 30, 2018. The NPC had previously issued the Guidelines on Security Incident and Personal Data Breach Reportorial Requirements under NPC Advisory No. 18-01 (“Guidelines”) along with templates for the required reports. However, the... Read More

April 04, 2018

As the deadline for filing our annual income tax return (ITR) is fast approaching, it is fitting to remind ourselves of the legal requirements, including those changes brought about by the TRAIN law. The official deadline for the filing of ITRs is the 15th day of the fourth month following the end of the taxpayer’s reporting period. For most of us, this remains to be April 15. This is last day,... Read More

March 28, 2018

Under the Build, Build, Build program, the government intends to spend $158 billion over the next five years in public infrastructure projects. This means that by end of President Duterte’s term in 2022, infrastructure spending will reach around 7.3% of GDP, a significant increase from the 5.1% spending in 2016. This huge public spending for government infrastructure projects present vast... Read More

March 13, 2018

  On Oct. 18, 2017, the Secretary of the Department of Labor and Employment (DoLE) Silvestre H. Bello III issued Department Order (DO) 184, Series of 2017, entitled “Safety and Health Measures for Workers Who, By the Nature of their Work, Have to Spend Long Hours Sitting.” DO 184-17 came at an opportune time, with the influx of business process outsourcing companies in the Philippines... Read More

Christianne Mae C. Balili

March 06, 2018

In today’s business community, corporations abound and are still growing in number. In many cases, entrepreneurs opt to conduct business as a corporate entity because of its obvious advantages. For one, a corporation makes projects requiring huge investments more feasible as it has the ability to pool separate funds from a vast number of investors. A corporation also enjoys continuity of... Read More

February 28, 2018

Businesses have continued to rely heavily on the use of Information Technology (IT) for efficient delivery of products and services in response to emerging market trends and evolving client needs. However, as financial institutions tend to keep pace, there is also an increased exposure to cyber-threats and attacks. Recently, the public has been quick to raise concerns over suspicious and... Read More

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