2025-07-14
The Securities and Exchange Commission issued Memorandum Circular No. 07, Series of 2025 to affirm its commitment to ease of doing business and establish strict timelines for processing applications. The directive mandates specific procedural deadlines for various regulatory filings, including primary registrations, licensing of foreign corporations, and securities registrations. It further outlines guidelines for applications deemed approved, aiming to streamline operations across departments such as ESPARC, IMARD, and CGFD.