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Further Reforms to FX Rules on Foreign Investments

On 11 April 2024, the Monetary Board approved further amendments to the Manual of Regulations on Foreign Exchange Transactions (the “FX Manual”) in line with the Bangko Sentral ng Pilipinas’ (“BSP”) commitment to further facilitate access to foreign exchange (“FX”) resources of authorized agent banks or their subsidiary/affiliate FX corporations (AABs/AAB forex corps) for legitimate transactions and to streamline documentary requirements, procedures, and reporting.

Further Reforms to FX Rules on Foreign Investments Read More »

ACCRALAW as Counsel in the Compulsory Notification Requirements of the €3 Billion Acquisition of Majorel by Teleperformance SE

ACCRALAW assisted in the compulsory notification requirements under Republic Act No. 10667, or the Philippine Competition Act, in connection with the transaction between Majorel Group Luxembourg S.A. (“Majorel”) and Teleperformance SE worth €3 billion.

ACCRALAW as Counsel in the Compulsory Notification Requirements of the €3 Billion Acquisition of Majorel by Teleperformance SE Read More »

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