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05/11/2025
The Securities and Exchange Commission (SEC) is pushing to exempt more corporations from the mandatory submission of audited financial statements (AFS), a move aimed at reducing compliance costs for micro, small, and medium enterprises (MSMEs).
In a policy paper submitted to the Department of Finance (DOF) on 28 October, the SEC recommended raising the threshold for mandatory audits.
05/11/2025
UnionBank has partnered with the business education provider INSEAD to launch the ASCEND Program.
This strategic learning initiative aims to enhance the capabilities of the bank’s Relationship Managers (RMs) across its wealth management, private banking, and retail banking divisions.
UnionBank President and CEO Ana Aboitiz Delgado and Prof. Sameer Hasija, Dean of INSEAD Asia Campus, formalised the multi-year collaboration.