The Securities and Exchange Commission (SEC) has issued the draft guidelines for the registration and operation of online lending platforms (OLPs) as part of its efforts to stop abusive and predatory practices. The Commission released for public comment the draft guidelines on November 19, following the imposition of a moratorium ...

Source: Manila Bulletin (https://mb.com.ph/2021/11/21/sec-drafts-guidelines-for-online-lending-platforms/?utm_source=rss&utm_medium=rss&utm_campaign=sec-drafts-guidelines-for-online-lending-platforms)