by admin | Jan 30, 2018 | Relevant Laws and Other Regulatory Updates
Good Day! On January 29, 2018, the SEC released in its website the Implementing Rules and Regulations (IRR) ofRepublic Act 2629, otherwise known as the Investment Company Act (ICA). The IRR was published inThe Manila Times and Manila Bulletin on January 11, 2018. The... by admin | Jan 22, 2018 | Relevant Laws and Other Regulatory Updates
Good Day! Q&A No. 2017-02 Capitalization of operating lease cost as part of construction costs of a building This Q&A responds to issues regarding the capitalization of operating lease costs as part of construction costs of a building. Issue:Do operating lease... by admin | Jan 18, 2018 | Relevant Laws and Other Regulatory Updates
Hi to All! On January 15, 2018, the Insurance Commission circularized the copy of the Anti-Money Laundering Council’sResolution No. 107, Series of 2017, dated November 15, 2017 and AMLC Registration and Reporting Guidelines(ARRG), which was issued as AMLC... by admin | Jan 15, 2018 | Relevant Laws and Other Regulatory Updates
Dear All, The BSP released the following Circular Letters related to publication/ posting of certain documents forBSP-regulated entities. Circular Letter (CL) No. 2018-02 dated January 9, 2018 Pursuant to Section 61 of RA No. 8791, the BSP requires all Banks to... by admin | Jan 11, 2018 | Relevant Laws and Other Regulatory Updates
Dear All, The SEC has approved on January 9, 2018 the adoption of the following pronouncements on itsMemorandum Circular No. 1, series of 2018 as part of SEC’s rules and regulations on financial reporting: Revised Auditing Standards Title Brief Description PSA 800...