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                    [ArticleID] => 262437
                    [Title] => SEC warns public on resurgence of ‘boiler room’ type operations
                    [Summary] => With pyramiding schemes laying low, boiler room operators have been reviving their operations in the country and investors are advised to exercise caution against these entities.


Securities and Exchange Commission (SEC) Associate Commissioner Joselia Poblador said there has been a resurgence of boiler operations in Cebu, Pampanga and Davao.  "They are testing the waters again," Poblador said.   


                    [DatePublished] => 2004-08-24 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => WB funds dev’t of policy framework for financing firms
                    [Summary] => The World Bank will extend a technical assistance (TA) grant to the government to help develop a policy framework for financing and lending companies and  plug the loopholes in the Corporation Code.


SEC Associate Commissioner Joselia Poblador said the objective of the proposed TA is to  assist the SEC in the development of regulations for risk formation of a medium- to long-term strategy to advance reforms and come up innovative products to revive investor interest. 


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                    [ArticleID] => 229905
                    [Title] => Phase II of SEC computerization project deferred to Q1 of  2004
                    [Summary] => The Securities and Exchange Commission (SEC) said the implementation of the second phase of its $165-million computerization project, involving the viewing of corporate financial statements and other reports via the internet, would be pushed back to the first quarter of next year.


SEC Associate Commissioner Joselia Poblador said the Commission would not be able to meet its end-December target as the terms of reference for the proposed bidding have yet to be drafted.


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                    [ArticleID] => 220464
                    [Title] => SEC forms unit to review operations of 400 financing firms
                    [Summary] => The Securities and Exchange Commission (SEC) has created a committee to look into the operations of nearly 400 financing companies on concerns that some of these firms are engaged in fraudulent activities.


SEC Chairman Lilia R. Bautista said the Commission has expressed concern over the growing operations of non-bank lending institutions in the country following reports that a number of financing and lending companies have gone beyond their primary purpose.


                    [DatePublished] => 2003-09-15 00:00:00
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                    [ArticleID] => 199014
                    [Title] => SEC launches accounting standards website
                    [Summary] => The Securities and Exchange Commission, together with the Asian Development Bank and several accounting profession groups, launched yesterday the accounting standards website as part of its efforts to improve the quality of financial reporting in the Philippines.


The Philippine Institute of Certified Public Accountants (PICPA) and the Board of Accountancy also  helped in coming out with the website.    The project was conceptualized in October 2002 under the auspices of a steering committee headed by SEC Associate Commissioner Joselia Poblador.


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ASSOCIATE COMMISSIONER JOSELIA POBLADOR

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                    [Title] => SEC warns public on resurgence of ‘boiler room’ type operations
                    [Summary] => With pyramiding schemes laying low, boiler room operators have been reviving their operations in the country and investors are advised to exercise caution against these entities.


Securities and Exchange Commission (SEC) Associate Commissioner Joselia Poblador said there has been a resurgence of boiler operations in Cebu, Pampanga and Davao.  "They are testing the waters again," Poblador said.   


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                    [Title] => WB funds dev’t of policy framework for financing firms
                    [Summary] => The World Bank will extend a technical assistance (TA) grant to the government to help develop a policy framework for financing and lending companies and  plug the loopholes in the Corporation Code.


SEC Associate Commissioner Joselia Poblador said the objective of the proposed TA is to  assist the SEC in the development of regulations for risk formation of a medium- to long-term strategy to advance reforms and come up innovative products to revive investor interest. 


                    [DatePublished] => 2004-07-05 00:00:00
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                    [Title] => Phase II of SEC computerization project deferred to Q1 of  2004
                    [Summary] => The Securities and Exchange Commission (SEC) said the implementation of the second phase of its $165-million computerization project, involving the viewing of corporate financial statements and other reports via the internet, would be pushed back to the first quarter of next year.


SEC Associate Commissioner Joselia Poblador said the Commission would not be able to meet its end-December target as the terms of reference for the proposed bidding have yet to be drafted.


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                    [Title] => SEC forms unit to review operations of 400 financing firms
                    [Summary] => The Securities and Exchange Commission (SEC) has created a committee to look into the operations of nearly 400 financing companies on concerns that some of these firms are engaged in fraudulent activities.


SEC Chairman Lilia R. Bautista said the Commission has expressed concern over the growing operations of non-bank lending institutions in the country following reports that a number of financing and lending companies have gone beyond their primary purpose.


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                    [ArticleID] => 199014
                    [Title] => SEC launches accounting standards website
                    [Summary] => The Securities and Exchange Commission, together with the Asian Development Bank and several accounting profession groups, launched yesterday the accounting standards website as part of its efforts to improve the quality of financial reporting in the Philippines.


The Philippine Institute of Certified Public Accountants (PICPA) and the Board of Accountancy also  helped in coming out with the website.    The project was conceptualized in October 2002 under the auspices of a steering committee headed by SEC Associate Commissioner Joselia Poblador.


                    [DatePublished] => 2003-03-15 00:00:00
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abtest

SEC warns public on resurgence of ‘boiler room’ type operations

By Zinnia B. Dela Peña | August 24, 2004 - 12:00am

With pyramiding schemes laying low, boiler room operators have been reviving their operations in the country and investors are advised to exercise caution against these entities. Securities and Exchange Commission...

Business

WB funds dev’t of policy framework for financing firms

By Zinnia B. Dela Peña | July 5, 2004 - 12:00am

The World Bank will extend a technical assistance (TA) grant to the government to help develop a policy framework for financing and lending companies and plug the loopholes in the Corporation Code. SEC Associate...

Business

Phase II of SEC computerization project deferred to Q1 of 2004

By Zinnia B. Dela Peña | December 1, 2003 - 12:00am

The Securities and Exchange Commission (SEC) said the implementation of the second phase of its $165-million computerization project, involving the viewing of corporate financial statements and other reports via...

Business

SEC forms unit to review operations of 400 financing firms

By Zinnia B. Dela Peña | September 15, 2003 - 12:00am

The Securities and Exchange Commission (SEC) has created a committee to look into the operations of nearly 400 financing companies on concerns that some of these firms are engaged in fraudulent activities. SEC Chairman...

Business

SEC launches accounting standards website

March 15, 2003 - 12:00am

The Securities and Exchange Commission, together with the Asian Development Bank and several accounting profession groups, launched yesterday the accounting standards website as part of its efforts to improve the...

Business