Regulatory Sandboxes: Initiatives for Innovation and Inclusion in the Philippines
The Philippines recognizes the need to calibrate its regulatory policies to encourage the entry of new and emerging technology and to foster an innovative mindset among key stakeholders in the technology sector. To incentivize innovation in the financial sphere, Philippine authorities have adopted regulatory sandboxes that aim to provide businesses in the financial sector with [...]
Overview Republic Act No. 11293, or the Philippine Innovation Act, was signed into law by the Philippine President on April 17, 2019. However, the Act was released to the public only on July 16, 2019. The Philippine Innovation Act aims to promote a culture of strategic planning and innovation in the country through improving innovation [...]
Regulation of Virtual Currencies and Initial Coin Offerings in the Philippines
A recent Philippine Securities and Exchange Commission (“SEC”) Advisory reiterated its message to those conducting Initial Coin Offerings (“ICO”) of security tokens within the country: register your security tokens or be prepared to face penalties. Just this month, the SEC declared that the Ploutos Coin is a kind of security which must be registered first [...]
Vietnam activists detained while protesting China's rejection of international ruling
Groups of activists in Vietnam were detained Sunday while protesting China's rejection of the international ruling regarding the South China Sea. The Permanent Court of Arbitration (PCA) issued the ruling on Tuesday,...
International tribunal rules for Philippines in South China Sea dispute
The Permanent Court of Arbitration (PCA) in The Hague ruled in favor of the Philippines Tuesday in a dispute with China over most of the South China Sea. The Philippines brought a case...
Vietnam urges 'fair and objective' ruling in South China Sea territory dispute
Vietnam has urged ]statement, in Vietnamese] the international tribunal in The Hague to deliver a "fair and objective" ruling concerning Philippines' challenge to China's expansive claims in the South China Sea. Two days after the Permanent Court of Arbitration (PCA)...
Philippines high court approves deal to extend US military presence
The Supreme Court of the Philippines on Tuesday approved a deal that would extend US military presence in their country. The Enhanced Defense Cooperation Agreement (EDCA) will allow for the US to build more military...
The Permanent Court of Arbitration (PCA) in The Hague ruled Thursday that it has jurisdiction to hear a dispute between the Philippines and China over parts of the South China Sea. At issue...
An Indian court on Monday convicted Lalu Prasad Yadav, a former federal minister of India's state of Bihar and current MP, of corruption, criminal conspiracy and cheating. Yadav and 44 others were found guilty of conspiracy and...
Ukrainian President Viktor Yanukovych signed a law on Friday to improve prison conditions and take one step closer to integration with the EU. This law was required to allow the signing of the...
