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Draft Revised Guidelines on Beneficial Ownership Disclosure (Philippines)
Patricia O. Ko
- Corporate
- General Corporate
- Global Practice
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*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.
Background
As the main agenda of the first year of the second term of President Joko Widodo’s administration, the draft of Omnibus Bill was finally submitted to the Parliament last month. The Parliament will conduct further review, discussion, and invite public to give input and comments on the draft bill.
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