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ACCRALAW as Counsel for the First Php5 Billion Gender Notes Issuance

On 5 July 2023, the Philippines’ first gender notes were issued. ASA Philippines Foundation, Inc. (“ASA Philippines”) issued Php5 Billion worth of corporate notes under the Social Bond Principles 2021 of the International Capital Markets Association and in compliance with the Securities and Exchange Commission’s Guidelines on the Issuance of Social Bonds under the ASEAN Social Bonds Standards in the Philippines.

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A Dawn of a New Era in Philippine Immigration Law

Since its passage on 26 August 1940, Commonwealth Act. No. 613, or the “Philippine Immigration Act of 1940,” has been the definitive guide on the issuance of Philippine visas, exclusion and deportation proceedings, the powers and structure of the Bureau of Immigration (“BI”), and other reportorial requirements that a foreign national must comply with in order to legally stay in the Philippines.

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