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+ Follow ANTHONY CONWAY AND PETER GO PAILIAN Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 334871 [Title] => SEC reprimands EPCIB for code violation [Summary] => Equitable PCI Bank received a mere slap on the wrist from the Securities and Exchange Commission (SEC) despite findings it violated the independent director provision of the Securities Regulation Code (SRC).
This as the SEC approved the recommendation of its Compliance and Enforcement Department (CED) to not impose criminal and administrative sanctions against EPCIBank and its nomination committee.
The CED opted to just impose the penalty of reprimand on EPCIBank with a stern warning that any future violations will be severely dealt with in accordance with law.
[DatePublished] => 2006-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 317488 [Title] => SEC finds violation in appointment of 2 EPCIB independent directors [Summary] => The Securities and Exchange Commission has found the appointments of Presidential Adviser Roberto Romulo and Cesar Bautista as independent directors of Equitable-PCI Bank in violation of the Securities Regulation Code (SRC).
Based on the investigation conducted by the SECs Compliance and Enforcement Department (SEC-CED), Romulo and Bautista are not fit to sit as independent directors in EPCI Bank subject to the requirements of Sec. 38 of the SRC.
[DatePublished] => 2006-01-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ANTHONY CONWAY AND PETER GO PAILIAN
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 334871 [Title] => SEC reprimands EPCIB for code violation [Summary] => Equitable PCI Bank received a mere slap on the wrist from the Securities and Exchange Commission (SEC) despite findings it violated the independent director provision of the Securities Regulation Code (SRC).
This as the SEC approved the recommendation of its Compliance and Enforcement Department (CED) to not impose criminal and administrative sanctions against EPCIBank and its nomination committee.
The CED opted to just impose the penalty of reprimand on EPCIBank with a stern warning that any future violations will be severely dealt with in accordance with law.
[DatePublished] => 2006-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 317488 [Title] => SEC finds violation in appointment of 2 EPCIB independent directors [Summary] => The Securities and Exchange Commission has found the appointments of Presidential Adviser Roberto Romulo and Cesar Bautista as independent directors of Equitable-PCI Bank in violation of the Securities Regulation Code (SRC).
Based on the investigation conducted by the SECs Compliance and Enforcement Department (SEC-CED), Romulo and Bautista are not fit to sit as independent directors in EPCI Bank subject to the requirements of Sec. 38 of the SRC.
[DatePublished] => 2006-01-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | May 4, 2006 - 12:00am
By Zinnia B. Dela Peña | January 20, 2006 - 12:00am
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