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                    [ArticleID] => 192666
                    [Title] => SEC sets rules for appraisal firms
                    [Summary] => The Securities and Exchange Commission had issued guidelines  for the accreditation of appraisal companies to ensure that the issuance of stock in the form of property is duly evaluated by competent appraisers.


The SEC said only institutional appraisers accredited by it shall  be engaged by companies accepting property as consideration for the issuance of their stocks.


Based on the proposed criteria for accreditation, the appraisal company must be registered with the SEC and licensed by the Department of Trade and Industry and the Bangko Sentral ng Pilipinas.


                    [DatePublished] => 2003-01-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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CERTIFYING

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                    [ArticleID] => 192666
                    [Title] => SEC sets rules for appraisal firms
                    [Summary] => The Securities and Exchange Commission had issued guidelines  for the accreditation of appraisal companies to ensure that the issuance of stock in the form of property is duly evaluated by competent appraisers.


The SEC said only institutional appraisers accredited by it shall  be engaged by companies accepting property as consideration for the issuance of their stocks.


Based on the proposed criteria for accreditation, the appraisal company must be registered with the SEC and licensed by the Department of Trade and Industry and the Bangko Sentral ng Pilipinas.


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abtest

SEC sets rules for appraisal firms

By Zinnia B. Dela Peña | January 24, 2003 - 12:00am

The Securities and Exchange Commission had issued guidelines for the accreditation of appraisal companies to ensure that the issuance of stock in the form of property is duly evaluated by competent appraisers. The...

Business