SEC Issues Revised Rules for Beneficial Ownership Declaration

The Securities and Exchange Commission (SEC) has issued Memorandum Circular No. 15, Series of 2025 or the Beneficial Ownership Disclosure Rules of 2026 to strengthen corporate transparency, accountability, and good governance.

The revised rules enhance the accuracy and accessibility of beneficial ownership information, supporting efforts to prevent the misuse of corporate structures and combat financial crimes. They also align Philippine regulations with international standards and promote effective inter-agency cooperation.

Reporting entities are encouraged to familiarize themselves with the new requirements and ensure timely compliance.

For inquiries and further clarification, please send an email to eipd-amld@sec.gov.ph

Read the full Memorandum Circular here: https://www.sec.gov.ph/…/sec-mc-no-15-series-of…/

#SECupdates

Stay informed with the latest legal developments at Global Law Experts