Philippine Law Digest 2022
Ricky Aringo Sabornay, FCIArb
2024 ALB Japan Law Awards Finalist Foreign Lawyer| Young Lawyer of the Year | Solicitor, Trained Arbitrator, and Registered Foreign Attorney qualified to practice in the Philippines, Japan, and England & Wales
Issue No. 26-2022
Here are some of the latest laws, rules and regulations, and other issuances in the Philippines:
1???INSURANCE COMMISSION
EXTENSION OF PERIOD FOR THE SUBMISSION OF THE ANNUAL CORPORATE GOVERNANCE REPORT (ACGR) UNDER CIRCULAR LETTER NO. 2020-72
22.06.16付/ 全国流通新聞において公布された日から直ちに施行。
2???BANGKO SENTRAL NG PILIPINAS
AMENDMENT TO THE FRAMEWORK FOR DEALING WITH DOMESTIC SYSTEMICALLY IMPORTANT BANKS
22.06.17付/ 全国流通新聞において公布された日から直ちに施行。
3???INSURANCE COMMISSION
TRANSITIONAL FINANCIAL REPORTING FRAMEWORK FOR INSURANCE AND PROFESSIONAL REINSURANCE COMPANIES
22.06.20付/ 全国流通新聞において公布された日から直ちに施行。
4???INSURANCE COMMISSION
REGULATORY RELIEF ON THE ADMITTANCE OF PREMIUMS RECEIVABLE DUE TO THE COVID-19 PANDEMIC FOR THE PERIODS ENDING 31 DECEMBER 2020 UP TO 30 JUNE 2022
22.06.21付/ 全国流通新聞において公布された日から直ちに施行。
5???INSURANCE COMMISSION
GUIDELINES ON FORMAL CLOSURE OF LIQUIDATION PROCEEDINGS FOR INSURANCE COMPANIES UNDER LIQUIDATION AND FINAL DISPOSAL AND DISTRIBUTION OF ASSETS INCLUDING UNCLAIMED BENEFITS
22.06.22付