Array
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    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 218170
                    [Title] => Congress body OKs anti-money laundering IRR
                    [Summary] => The congressional special oversight committee has finally approved the implementing rules and regulations for the AntiMoney Laundering Act, bringing the Philippines one step closer to being removed from the non-cooperative countries and territories (NCCT) list of the Financial Action Task Force on Money Laundering.
                    [DatePublished] => 2003-08-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 212769
                    [Title] => Congress panel OKs selective  lifting of Bank Secrecy Law
                    [Summary] => The implementing rules and regulations approved by Congress for the amended Anti-Money Laundering Act provide for the selective lifting of the Bank Secrecy Law. The provision allows the Anti-Money Laundering Council (AMLC) and the Bangko Sentral ng Pilipinas (BSP) to examine bank deposits and investments in the course of their investigation of suspected money laundering activities and other crimes specified under the AMLA.


                    [DatePublished] => 2003-07-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 204683
                    [Title] => SEC orders listed firms to change external auditors by end of 2003
                    [Summary] => The Securities and Exchange Commission has directed all listed corporations and firms with secondary license from the SEC to change their  external auditors by the end of December this year.


The move is pursuant to a resolution issued by the SEC last year, giving corporations covered under the Code of Corporate Governance until Dec. 31, 2003 to hire a new auditor or rotate engagement partners.  This is in line with the SEC’s  efforts to ensure greater accountability in the accounting profession and to improve the quality of independent audit.


                    [DatePublished] => 2003-05-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 204072
                    [Title] => Stiffer fines on reportorial violations set
                    [Summary] => To ensure compliance with reportorial requirements, the Securities and Exchange Commission (SEC) will be imposing stiffer penalties and fines on listed firms failing to meet the commission’s rules on the submission of corporate reports.


SEC Chairman Lilia R. Bautista said the commission will not hesitate to enforce the necessary sanctions on companies that will be found to have violated SEC reportorial rules as well as provisions in the statement of financial accounting standards (SFAS).  


                    [DatePublished] => 2003-04-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [4] => Array
                (
                    [ArticleID] => 98855
                    [Title] => 'Unresponsive' cement firms face DTI sanctions
                    [Summary] => 

The decision of the Department of Trade and Industry to encourage cement
importation to bring down domestic prices does not take local cement
manufacturers off the hook, Trade and Industry Secretary Mar Roxas II said.

According to Roxas, the DTI is still prepared to exercise its prerogative and
suspend the incentives and privileges being enjoyed by cement companies for
being "unresponsive to requests for information that would justify the recent
increases in the price of cement."

"As a matter of normal practice, cement companies ordinarily come to the DTI to
explain whenever
                    [DatePublished] => 2000-04-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

UNDER RULE

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 218170
                    [Title] => Congress body OKs anti-money laundering IRR
                    [Summary] => The congressional special oversight committee has finally approved the implementing rules and regulations for the AntiMoney Laundering Act, bringing the Philippines one step closer to being removed from the non-cooperative countries and territories (NCCT) list of the Financial Action Task Force on Money Laundering.
                    [DatePublished] => 2003-08-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 212769
                    [Title] => Congress panel OKs selective  lifting of Bank Secrecy Law
                    [Summary] => The implementing rules and regulations approved by Congress for the amended Anti-Money Laundering Act provide for the selective lifting of the Bank Secrecy Law. The provision allows the Anti-Money Laundering Council (AMLC) and the Bangko Sentral ng Pilipinas (BSP) to examine bank deposits and investments in the course of their investigation of suspected money laundering activities and other crimes specified under the AMLA.


                    [DatePublished] => 2003-07-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 204683
                    [Title] => SEC orders listed firms to change external auditors by end of 2003
                    [Summary] => The Securities and Exchange Commission has directed all listed corporations and firms with secondary license from the SEC to change their  external auditors by the end of December this year.


The move is pursuant to a resolution issued by the SEC last year, giving corporations covered under the Code of Corporate Governance until Dec. 31, 2003 to hire a new auditor or rotate engagement partners.  This is in line with the SEC’s  efforts to ensure greater accountability in the accounting profession and to improve the quality of independent audit.


                    [DatePublished] => 2003-05-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 204072
                    [Title] => Stiffer fines on reportorial violations set
                    [Summary] => To ensure compliance with reportorial requirements, the Securities and Exchange Commission (SEC) will be imposing stiffer penalties and fines on listed firms failing to meet the commission’s rules on the submission of corporate reports.


SEC Chairman Lilia R. Bautista said the commission will not hesitate to enforce the necessary sanctions on companies that will be found to have violated SEC reportorial rules as well as provisions in the statement of financial accounting standards (SFAS).  


                    [DatePublished] => 2003-04-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 98855
                    [Title] => 'Unresponsive' cement firms face DTI sanctions
                    [Summary] => 

The decision of the Department of Trade and Industry to encourage cement
importation to bring down domestic prices does not take local cement
manufacturers off the hook, Trade and Industry Secretary Mar Roxas II said.

According to Roxas, the DTI is still prepared to exercise its prerogative and
suspend the incentives and privileges being enjoyed by cement companies for
being "unresponsive to requests for information that would justify the recent
increases in the price of cement."

"As a matter of normal practice, cement companies ordinarily come to the DTI to
explain whenever
                    [DatePublished] => 2000-04-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Congress body OKs anti-money laundering IRR

By Des Ferriols | August 23, 2003 - 12:00am

The congressional special oversight committee has finally approved the implementing rules and regulations for the AntiMoney Laundering Act, bringing the Philippines one step closer to being removed from the non-cooperative...

Business

Congress panel OKs selective lifting of Bank Secrecy Law

By Des Ferriols | July 7, 2003 - 12:00am

The implementing rules and regulations approved by Congress for the amended Anti-Money Laundering Act provide for the selective lifting of the Bank Secrecy Law. The provision allows the Anti-Money Laundering Council...

Headlines

SEC orders listed firms to change external auditors by end of 2003

By Zinnia B. Dela Peña | May 3, 2003 - 12:00am

The Securities and Exchange Commission has directed all listed corporations and firms with secondary license from the SEC to change their external auditors by the end of December this year. The move is pursuant...

Business

Stiffer fines on reportorial violations set

April 28, 2003 - 12:00am

To ensure compliance with reportorial requirements, the Securities and Exchange Commission (SEC) will be imposing stiffer penalties and fines on listed firms failing to meet the commission’s rules on the submission...

Business

'Unresponsive' cement firms face DTI sanctions

By Des Ferriols | April 30, 2000 - 12:00am

The decision of the Department of Trade and Industry to encourage cement importation to bring down domestic prices does not take local cement manufacturers off the hook, Trade and Industry Secretary Mar Roxas...

Business