Philippines: Financial Services

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Article
SEC Revises Recent Draft Circular On Online Lending Platforms; Issues A New Version
The Securities and Exchange Commission of the Philippines has issued a revised draft circular addressing the regulation of online lending platforms, introducing significant changes from its initial March 2026 proposal. The new guidelines aim to lift the existing moratorium on new online lending platforms while establishing comprehensive prudential, disclosure, and market conduct requirements for financing and lending companies operating in the digital space.
Philippines Finance
SS
SyCip Salazar Hernandez & Gatmaitan
Article
SEC Releases New Draft Circular On Online Lending Platforms
The Securities and Exchange Commission has released a draft memorandum circular proposing to lift the moratorium on new online lending platform registrations while establishing a comprehensive regulatory framework for digital lending operations. The proposed guidelines introduce stringent prudential, disclosure, and market conduct requirements that will reshape how financing and lending companies operate in the digital space.
Philippines Commercial
SS
SyCip Salazar Hernandez & Gatmaitan
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