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The Philippines Securities and Exchange Commission (SEC) recently expressed support for the proposed amendments to the Bank Secrecy Law by the Congress. This initiative aims to enhance the transparency of the financial system, strengthen the enforcement capabilities against corruption and financial
On July 16, 2024, the Philippine Securities and Exchange Commission (SEC) stated that it was investigating 193 companies related to illegal Philippine offshore BC operating companies (POGOs) companies that allegedly used the stolen identities of Philippine Navy lieutenants in their registrati
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