Legal Framework

Philippines 2021 - Legal Framework

This chapter examines the legal system of the Philippines, focusing largely on the stipulations of Bayanihan 1 and 2, which were passed into law in March and September 2020, respectively, to address the economic and health impacts of the Covid-19 pandemic. The chapter also outlines new guidelines on remote participation, corporate donations, corporate debt vehicles and draft guidelines for the licensing of digital banks, alongside various other changes to tax laws and regulations, labour-related laws and regulations, and regulations for the filing and submission of securities deposits that were implemented during the pandemic period. This chapter contains an interview with Raoul Angangco, Partner, Villaraza & Angangco Law.

Cover of The Report: Philippines 2021

The Report

This chapter is from the Philippines 2021 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Raoul R Angangco, Senior Partner, Villaraza & Angangco Law
Raoul R Angangco, Senior Partner, Villaraza & Angangco Law: Interview

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