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WB reviews RP's corporate governance framework

30 May 2006 - The World Bank report provides an assessment of the corporate governance framework in the Philippines–its laws and regulations, supervisory and enforcement mechanisms, and the market environment, with particular attention to the securities markets. The report is an update of the assessment that was carried out in 2001 and highlights the key issues, a summary of observance of OECD Corporate Governance Principles, and recommendations for change.

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SEC adopts Philippine standards on auditing

15 January 2004 - The Securities and Exchange Commission approved the adoption in its rules and regulations a Philippine Standards on Auditing. These new standards will become effective for audits of financial statements after December 2003. Read more

 
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Code of Corporate Governance (SEC Memorandum Circular No. 2 Series of 2002)

 


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The private sector plays a vital role in building consensus against corruption. Without the help of companies and private citizens, no reform can be sustained.

By promoting good corporate governance, we can raise investor confidence, develop the capital market, and help sustain economic growth.