August 30, 2025 | 12:00am
MANILA, Philippines — The Securities and Alternate Fee (SEC) is lining up numerous reforms to make the native capital market extra strong and resilient.
“A strong market should mirror the size and dynamism of the financial system it serves. We’re working to deepen participation and modernize infrastructure by means of reforms,” SEC chairperson Francis Lim stated.
Amongst these reforms are the revised shelf registration framework for issuers to supply flexibility and pace and the growth of the repo market to incorporate belief entities, mutual funds and insurers.
Lim stated the SEC can be pushing for brief promoting and securities borrowing and lending, aligning with international norms and enhancing liquidity and value discovery.
Additional, he stated the fee is reviewing actual property funding belief guidelines to broaden eligible property, lengthen reinvestment interval and appeal to broader participation.
Recognizing that resilient markets should combine environmental, social and governance ideas, the SEC is likewise selling sustainability reporting that’s aligned with international requirements.
Lim stated the fee can be pursuing international index inclusion of Philippine corporates by addressing gaps in liquidity, float and disclosure, whereas working inside the ASEAN Capital Markets Discussion board to help cross-border choices and regional integration.
“We’re additionally engaged on itemizing for grantees of legislative franchises and exploring the itemizing of commercially viable state-owned enterprises, which is able to carry new scale and variety into our market,” he stated.
Lim stated that each one these reforms type half of a bigger technique to construct a market that’s higher, extra inclusive and trusted.
“On the SEC, we acknowledge that these reforms demand not solely concepts however execution. That’s the reason we’re strengthening our personal foundations — constructing capability, tradition and agility,” he stated.
