THE Securities and Exchange Commission has ordered five illegal online lending operators to stop conducting lending activities without the proper license. In an order issued February 3, the SEC directed Tacoloan, VCash, 365 Cash, SwipeCash and BootCash to immediately cease and desist their lending operations until they have incorporated and…
The Securities and Exchange Commission (SEC) said Thursday it has released the draft memorandum circular for the implementing of the cap on interest rates and other fees imposed by lending and financing companies, and their online lending platforms (OLPs).
The Securities and Exchange Commission (SEC) is drafting rules that will limit interest rates and other fees imposed by lending and financing companies, and their online lending platforms (OLPs). The draft memorandum circular released for public comment will operationalize Bangko Sentral ng Pilipin
SEC stops operations of online lending firms Goodpocket, Easymoney newsbytes.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsbytes.ph Daily Mail and Mail on Sunday newspapers.
SEC revokes registration of 2,081 lending firms philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.