News

MANILA, Philippines — The Securities and Exchange Commission (SEC), has revoked the certificate of authority of Moola Lending Corp., more commonly known as Doctor Cash Philippines. The SEC ...
In an order dated July 14, the SEC’s Financing and Lending Companies Division revoked with finality the certificate of authority (CA) of Populus Lending Corp. The SEC said Populus Lending has ...
It said Robocash “admitted to establishing and operating branches without the necessary (certificate of authority),” but argued it did not do so with malicious intent. But the SEC’s Corporate ...
In the course of its monitoring procedure, the CGFD found that Robocash operated several branches without the requisite certificate of authority. In reply to the SEC’s show cause order ...
FinLenD revoked Digido Finance’s certificate of authority to operate as a financing company and its primary registration,” the corporate watchdog said. In an order dated May 9, the SEC said ...
The SEC said Fast Coin failed to comply with the provision that requires “a corporation/company that has been duly registered and granted a [certificate of authority] to operate as a lending ...
SEC registration numbers and certificate of authority numbers in their advertisements. A memorandum circular posted in November 2021 states that only OLPs registered as of Nov. 21, 2021 may operate ...
"[T]he revocation of respondent’s [certificate of authority] is not merely appropriate, but rather necessitated by the gravity and number of its offenses," it added. Under SEC Memorandum Circular 18, ...