The Philippine Competition Commission (PCC) has released Commission Resolution No. 18-2022 (Resolution), which adjusts the thresholds for the compulsory notification of mergers and acquisitions. It will be effective starting on September 16, 2022. Based on the Resolution, the new thresholds for the compulsory notification of parties to a merger or acquisition are as follows: a) …
Read More
The National Privacy Commission (the “NPC”) has finalized and released NPC Circular No. 2022-01 entitled Guidelines on Administrative Fines (the “Guidelines”). A copy of the Guidelines may be accessed at the NPC’s website via this link. The Guidelines imposes administrative fines for violations of the provisions of the Data Privacy Act (“DPA”), its Implementing Rules and …
Read More
PJS Law is pleased to announced the entry to the partnership of Sergio Ildefonso Felipe O. Pinlac, Rachelle Lim-Magtanggol, Jeric Angelo B. Galon and Miguel Antonio L. Mendoza. Ponch Pinlac is one of the leading lawyers of firm’s Dispute Resolution team. He joined PJS Law as an associate in 2016 and was promoted to Senior …
Read More
Effective April 1, 2022, Monalisa C. Dimalanta will be joining Aboitiz Power Corporation as Compliance Officer. PJS Law wishes to thank Mona for her invaluable contributions to the firm and its team – from leading our Energy Practice to blazing trails in legal technology. In her twenty years with PJS Law, Mona was instrumental in …
Read More
The National Privacy Commission (“Commission”) has further updated its draft Circular on the Guidelines on Administrative Fines (“Draft Guidelines”). As compared to the previous draft released in 2021, the Draft Guidelines changed the nomenclature of the range of violations from “Tiers 1 to 4” to “Grave”, “Major”, and “Other” violations (collectively, “Violations”). The proposed fines …
Read More
For the fourth consecutive year, five PJS Law partners were cited among the Philippines’ Top 100 lawyers. The A-List Philippine Lawyers is published annually by the Asia Business Law Journal following extensive research conducted and nominations received from in-house counsel across the country as well as from international law firms. The PJS Partners included in …
Read More
On 30 July 2021, the President signed into law Republic Act No. 11576 (“RA 11576”) to amend Batas Pambansa Blg. 129 or the “Judiciary Reorganization Act” (“BP 129”), as amended, the core piece of Philippine legislation that guides litigants in determining in which between the Regional Trial Courts (“RTC”) or the Metropolitan Trial Courts/Municipal Trial …
Read More
Reposted from Manila Bulletin The implementing rules and regulations (IRR) of Executive Order (EO) 130 – which lifted the moratorium on new mining projects and the nationwide ban on open-pit mining method – has already been signed by Environment and Natural Resources Secretary Roy Cimatu. Read more at: https://mb.com.ph/2021/08/11/irr-of-eo-130-which-lifts-the-ban-on-new-mining-projects-signed/ Image by ilka val …
Read More
On July 1, 2021, PEZA Director General Charito ‘Ching’ Plaza, in a letter addressed to the Department of Finance (DOF) Secretary Carlo Dominguez III, raised several clarifications in relation to BIR RR 9-2021 which took effect on June 27, 2021. The said RR imposed 12% VAT on several transactions previously taxed at zero percent (0%). …
Read More
On June 9 2021, the BIR issued RR 9-2021, implementing the imposition of the 12% VAT on transactions previously taxed at zero percent (0%) VAT after having met the conditions provided in the TRAIN Law, which include (1) the successful establishment and implementation of an enhanced VAT refund system that grants refunds of creditable input …
Read More