Significant Legal Developments Affecting Business

On 26 September 2016, ACCRALAW in cooperation with BusinessWorld, Management Association of the Philippines (MAP), Financial Executives Institute of the Philippines (FINEX), Shareholders’ Association of the Philippines (SHAREPHIL) and Manila Bulletin, held the ACCRALAW Business Law Forum at the Mayuree Ballroom of the Dusit Thani Hotel in Makati City. It was a full day of insightful talks and interaction with the panelists and participants.

The forum was organized to give an opportunity to key management officers of different companies from various industries to be updated with the changing policies and legal developments. For the morning session, Undersecretary Agnes Joyce G. Bailen presented “The Economic and Budgetary Priorities of the New Administration” and Bureau of Internal Revenue Assistant Commissioner Marissa O. Cabreros discussed the “Latest Developments on Internal Revenue Taxation”. For the afternoon session, Atty. Solomon M. Hermosura, Managing Director and General Counsel of Ayala Corporation shared his thoughts on the topic “Compliance with Laws and Regulations: Prescriptions and Best Practices” which was followed by Data Privacy Commission Deputy Commissioner Damian Domingo O. Mapa’s presentation on “Recent Developments on Data Privacy, Data Protection, and Other Related Laws”. The last presentation was on “The Philippine Competition Act” by Philippine Competition Commission Commissioner Johannes Benjamin R. Bernabe.

Indeed, this year’s forum provided an interesting mix of topics on developments relevant to the business sector.

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