What are the opening hours?

Monday 9am - 6pm Tuesday 9am - 6pm Wednesday 9am - 6pm Thursday 9am - 6pm Friday 9am - 6pm Saturday 9am - 6pm

GVES LAW

Home
Philippines
Taguig
GVES LAW

We are a rising law firm specializing in client-centered and practical legal solutions.

05/08/2026

The SEC has introduced VERITAS, a blockchain-based platform for digitally signing and authenticating SEC-related documents. Under SEC Memorandum Circular No. 23, s. 2026, documents completed through VERITAS may carry the same legal effect as signed and notarized written documents. The system aims to make corporate filings faster, more secure, and more convenient while reducing reliance on wet signatures and physical notarization.

Read more here. https://gveslaw.com/sec-modernizes-corporate-filings-through-blockchain-based-veritas/

29/07/2026

DOLE has centralized the processing of all Alien Employment Permit (AEP) applications nationwide. Effective 9 June 2026, all new and renewal AEP applications must be filed directly with the DOLE Central Office – Bureau of Local Employment, instead of the Regional Offices. While the filing location has changed, the documentary requirements and processing period remain the same. Employers of foreign nationals should update their compliance procedures accordingly.

Read more here. https://gveslaw.com/dole-centralizes-processing-of-alien-employment-permits-nationwide/

21/07/2026

Buying or transferring property or shares? The BIR just made the process easier. RMC No. 75-2026 brings together the rules on One-Time Transactions (ONETT) into one clear guide, making compliance simpler and more predictable

Read more here. https://gveslaw.com/bir-simplifies-onett-compliance-consolidated-guidelines-on-one-time-transactions/

16/07/2026

Artificial intelligence is reshaping the legal profession, and the Philippine Supreme Court has responded by adopting a Governance Framework for the responsible use of AI in the Judiciary. While AI may enhance efficiency in legal work, the Framework makes clear that judicial reasoning, professional judgment, and accountability must always remain with human decision-makers. As AI becomes increasingly integrated into legal practice, lawyers and organizations should ensure that its use remains ethical, transparent, and consistent with the Supreme Court's standards.

Read more here. https://gveslaw.com/artificial-intelligence-meets-the-judiciary-supreme-court-releases-ai-governance-framework/

05/06/2026

The SEC has further reduced fees for corporate data requests and IT-related services effective 1 June 2026. This latest reduction makes access to corporate records more affordable for businesses, professionals, and the public. The move supports greater transparency, accessibility, and ease of doing business. For assistance in securing SEC documents, feel free to contact GVES Law.

Read here to know more.https://gveslaw.com/further-reduction-in-sec-corporate-data-and-it-related-service-fees/

26/05/2026

The SEC has issued Memorandum Circular No. 8, Series of 2026, adopting the 2026 Rules of Procedure and replacing the 2016 Rules. The new Rules clarify the jurisdiction of SEC departments, recognize electronic and website-based service in certain cases, and impose stricter procedural requirements. Parties must avoid prohibited motions, monitor SEC notices and website publications, and act promptly on urgent orders such as cease and desist orders. Overall, the Rules make SEC proceedings more streamlined, but also less forgiving of procedural mistakes.

Read more here.https://gveslaw.com/sec-issues-2026-rules-of-procedure-for-administrative-and-adjudicative-proceedings/

19/05/2026

The SEC has temporarily suspended the “per month of delay penalty” for late and non-filing of Annual Financial Statements (AFS) and General Information Sheets (GIS) under SEC MC No. 16, Series of 2026. The measure aims to ease compliance costs and encourage corporations to update their reportorial obligations. However, corporations are still required to file their reportorial requirements on time, and the applicable base fines remain in effect. The suspension will apply until December 31, 2026.

Read more here.https://gveslaw.com/sec-eases-penalties-on-late-submission-of-afs-and-gis-filings/

13/05/2026

The Bangko Sentral ng Pilipinas, through BSP Circular No. 1232, formally replaced the previous IT Rating System with the Supervisory Assessment Framework (SAFr) for BSP-supervised financial institutions. The new framework adopts a more risk-based approach in assessing technology and cybersecurity controls of banks and other regulated entities. The circular likewise introduces cybersecurity maturity and self-assessment mechanisms aimed at strengthening cyber resilience within the Philippine financial sector. Financial institutions may need to revisit existing cybersecurity, governance, and technology risk management frameworks to align with the BSP’s updated supervisory standards.

Read more here. https://gveslaw.com/bsp-adopts-new-framework-requiring-banks-to-strengthen-cyber-risk-assessments/

06/05/2026

The National Privacy Commission (NPC) issued Advisory No. 2026-01, emphasizing that publicly available personal data remains protected under the Data Privacy Act even when obtained through data scraping. Entities engaged in scraping activities must comply with lawful basis, transparency, proportionality, and privacy safeguard requirements under the law. The Advisory also encourages online platforms to implement security measures against unauthorized scraping and misuse of personal data.

Read more here. https://gveslaw.com/npc-advisory-no-2026-01-on-data-scraping-of-publicly-available-personal-data/

29/04/2026

The Bangko Sentral ng Pilipinas has updated reserve requirement rules under BSP Circular No. 1229, Series of 2026, to strengthen banking system stability. Banks must now compute reserve positions using a fixed seven-day reserve week from Friday to Thursday. Required reserves are based on the prior week’s liabilities, while available reserves are based on current balances and eligible compliance assets. Banks with reserve deficiencies may face monetary penalties, though excess reserves within the same week may offset shortfalls. Repeated reserve deficiencies may also lead to restrictions on BSP credit access, loans, investments, and cash dividends.

Read more here. https://gveslaw.com/amendments-to-the-bsp-regulations-on-reserve-requirements/

Address

Unit 1205 Tower 2, High Street South Corporate Plaza, 26th Street Corner 11th Avenue , Bonifacio Global City
Taguig
1634

Opening Hours

Monday	9am - 6pm
Tuesday	9am - 6pm
Wednesday	9am - 6pm
Thursday	9am - 6pm
Friday	9am - 6pm
Saturday	9am - 6pm

Website

https://gveslaw.com/

Alerts

Be the first to know and let us send you an email when GVES LAW posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Practice

Send a message to GVES LAW:

Want your practice to be the top-listed law practice in Taguig?