SEC Tightens Corporate Governance Training Rules

The Securities and Exchange Commission (SEC) has revised its corporate governance training rules for publicly listed companies and other covered entities, imposing stricter accreditation, reporting, and attendance requirements. Under SEC Memorandum Circular No. 25, series of 2026, all board members and key officers of publicly listed companies (PLCs), public companies (PCs), and other registered entities are mandated to complete accredited training programs. The revision aims to enhance corporate governance standards and ensure that officers remain updated on the latest regulations and best practices. Specifically, the accreditation process for training providers has been tightened, and regular reporting obligations have been introduced. The actual attendance of officers in these training sessions will also be closely monitored and reported. In recent years, the importance of corporate governance has been internationally recognized, and the SEC has been continuously strengthening its regulations to protect investors and improve market confidence. This move is seen as a significant step towards aligning the Philippine capital market with international standards and fostering a more robust investment environment.