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PHILIPPINES: PCC Issues Guidelines for the Operations of the Mergers and Acquisitions Office during GCQ and MGCQ

On 16 July 16 2020, the Philippines Competition Commission (“PCC”) approved and released the Interim Guidelines on the Operations of the Mergers and Acquisitions Office during the General Community Quarantine and Modified General Community Quarantine. These guidelines outline the conduct of activities and processes of the Mergers and Acquisitions Office during the General Community Quarantine and Modified General Community Quarantine to comply with the minimum public health standards and ensure the safety of PCC employees and stakeholders

PHILIPPINES: Company Registration and Transactions with the SEC During the Period of Enhanced Community Quarantine

The Securities and Exchange Commission ("SEC") adopted guidelines as a response to the imposition of the enhanced community quarantine (ECQ) all over Luzon by reason of the rapid spread of the COVID-19 pandemic.  Most transactions with the SEC, which include applications for company registration and submission of required reports, can be made online.

PHILIPPINES: PCC Suspends Merger Process and Timelines Due to Enhanced Community Quarantine

The Philippine Competition Commission (PCC) has suspended certain activities in view of the enhanced community quarantine imposed by the Philippine government in response to the worsening COVID-19 outbreak in the Philippines. The quarantine was announced in the evening of 16 March 2020, and is currently scheduled to end on 14 April 2020.