Beruflich Dokumente
Kultur Dokumente
February 26, 2019. Duterte Approves Revised Corporation Code The law will also remove the minimum number of incorporators,
President Rodrigo Duterte enacted R.A. 11232, which revises the permit the electronic filing of reportorial requirements, and
Corporation Code of the Philippines. attendance in meetings via remote communication or in absentia.
-
February 04, 2019 Battle for Manila Bay: The Rehabilitation of the
Historic Bay News of Manila Bay finally undergoing rehabilitation is In relation to Canon 5.01 of CPR (BASIC LEGAL ETHICS):
taking over the headlines for the past few weeks. Here’s what you 5 Recent Laws in the Philippines that You Need to Know About
need to know about the ongoing clean-up of the historical bay, so POSTED ON MONDAY, SEPTEMBER 26, 2016 BY JOHN ANTHONY
far. ALMERINO
Whether you like it or not, you can’t separate law and politics from
January 19, 2019 Duterte Approves HIV, AIDS Policy Act 2018 The business. This is why it is important to keep yourself updated with
new HIV/AIDS Policy Act 2018 aims to establish a stronger campaign the recent developments in national policy, especially those that
against the growing number of HIV and AIDS cases in the affect the economy. With the entry of the new administration, a
Philippines. number of new laws have been passed that either relates to your
business or directly affects it. Here are five recent legislations that
you should know about.
January 17, 2019 DFA Removes Birth Certificate Requirement for
5 Recent Laws in the Philippines that You Need to Know About:
Passport Renewal The Department of Foreign Affairs (DFA)
Secretary Teodoro Locsin Jr. officially signed the department order 1. New credit card regulations. In the near future, obtaining a credit
(DO 03-2019), last January 15, 2019, to abolish the certificate of live card will no longer be as easy as before. R.A. No. 10870 or the
birth as a requirement in renewing passports. According to the Philippine Credit Card Industry Regulation Law imposes stricter
newly signed DO, old passport regulations and guidelines for the issuance of credit cards. The new
law prohibits credit card companies from the common practice of
issuing ‘pre-approved’ credit cards to people who did not apply for
January 15, 2019 Duterte Ratifies Work From Home Bill into A New them or those who are not qualified. Now, issuers are required to
Law President Rodrigo Duterte signed into law the Telecommuting conduct know-your-client (KYC) procedures before credit cards can
be issued to make sure they are given to holders who are capable of the old Anti-Mail Order Bride Law which only covered Filipino
paying them back. women.
The new coverage now includes “Filipino spouses” who can either
be male or female. The scope also covers various publishing
2. Full foreign ownership of financing companies now allowed. platforms including digital media but excludes social media sites.
Foreigners can now own 100% of lending, financing, and adjustment Dating sites also are not automatically banned. The law only
companies. R.A. No. 10881 erased the limitations on foreign prohibits those sites that offer ‘marriage brokerage’ services or
ownership on companies in the financial sector in its bid to stir those that set up marriage or live-in arrangements between foreign
greater competition in the local industry. The passage of the law is nationals and Filipinos in exchange for some monetary
expected to bring in new players and draw more foreign consideration.
investments in the sector.