Best Financial Services Regulation Lawyers in Makati City

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Atty. Rainier Mamangun
Makati City, Philippines

Founded in 2004
25 people in their team
English
Atty. Rainier Mamangun's Law Office is a full-service firm that provides a full range of legal services for any activity or venture, or any area of interest or concern in the Philippines. Guided by traditional values, but oriented towards present-day solutions, his law firm is composed of lawyers...
Casiding Law Office
Makati City, Philippines

Founded in 2012
50 people in their team
Tagalog
English
The FirmIt is a Firm with impeccable integrity in the pursuit of its goalsand reliability in  the effectiveness of its choice of action for the client.It is a Firm that courageously pursues  the true ends of justice.The FIRM serves clients with commitment, integrity,...
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ERLAW
Makati City, Philippines

Founded in 2000
10 people in their team
ELEPANO AND ROQUE is a full service law office dedicated at providing a broad range of excellent quality of legal services at a minimal cost but at par with big law firms. OUR DRIVING MISSION: To provide our clients with an ethical, powerful, exclusive and sophisticated representation that augments...
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Abad | Alcantara | Associates
Makati City, Philippines

Founded in 2014
10 people in their team
Tagalog
English
ABOUT USAbad Alcantara and Associates is a Philippine based legal trade firm committed to promoting and enforcing competition, encouraging integration and inclusion, and catalysing innovation. Led by founding partners Anthony Amunategui Abad and Kristine C. Francisco - Alcantara, the Firm is one of...

Founded in 2007
English
Gatmaytan Yap Patacsil Gutierrez & Protacio (C&G Law) stands as a prominent law firm in the Philippines, recognized for its excellence and expertise across a broad spectrum of legal services. The firm is well-versed in handling complex commercial transactions and disputes, leveraging its...
Alcantara Joaquino Alcantara Law
Makati City, Philippines

English
Alcantara Joaquino Alcantara Law (AJA Law) is a dynamic legal firm in the Philippines, distinguished by its integration of youth, technology, and mobility. The firm's multidisciplinary team possesses extensive experience across various areas of law, policy, and business, enabling them to provide...

Founded in 1995
English
Established in 1995, Roxas De Los Reyes Laurel & Rosario Law Offices is a full-service law firm based in Makati City, Philippines, specializing in corporate law. The firm's expertise encompasses mergers and acquisitions, proxy contests, securities, quasi-reorganizations, real estate, labor...
Guzman Acain LLP
Makati City, Philippines

English
Guzman Acain LLP, based in Makati City, Philippines, is a full-service law firm renowned for its innovative approach and extensive experience across various industries. The firm offers strategic legal solutions in sectors such as aviation and aerospace, mining and energy, banking and finance,...
Siguion-Reyna Montecillo & Ongsiako
Makati City, Philippines

Founded in 1901
50 people in their team
Tagalog
English
We’re Proud of Our HistoryOur law firm was founded in 1901, and has a reputation as the oldest continuously operating law office in the country.The Philippines at the turn of the 20th century was a colony of the United States. Manila – already a hub of Southeast Asian trade – had become...
Yap, Kung, Ching & Associates Law Office
Makati City, Philippines

Founded in 2000
10 people in their team
Tagalog
English
Our HistoryOur lawyers have the experience and passion in assisting the client’s needs.At Yap, Kung, Ching & Associates, you are always assured to receive expert and top-notch legal service every step of the way.Yap and Associates is a full service law office strategically located inside...
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About Financial Services Regulation Law in Makati City, Philippines

Financial Services Regulation in Makati City, Philippines, encompasses laws and policies that govern the conduct, services, and products offered by financial institutions such as banks, insurance companies, and investment firms. The regulatory framework ensures transparency, stability, and integrity in the financial markets, while protecting investors and the public from malpractices. The Bangko Sentral ng Pilipinas (BSP), Securities and Exchange Commission (SEC), and Insurance Commission are key regulatory bodies involved in overseeing the financial services sector in the Philippines.

Why You May Need a Lawyer

There are several situations in which someone might require legal assistance concerning Financial Services Regulation in Makati City:

  • Compliance and Licensing: Financial entities may need help understanding regulatory requirements and obtaining necessary licenses to operate legally.
  • Dispute Resolution: Legal support may be needed in disputes involving financial products, services, or transactions.
  • Regulatory Investigations: Assistance is often required if a company or individual is subject to an investigation by regulatory authorities.
  • Contract Review: Ensuring financial contracts comply with relevant regulations and do not violate consumer rights.
  • Policy Development: Developing internal compliance policies and training programs that align with local regulations.

Local Laws Overview

The financial services industry in Makati City, like the rest of the Philippines, is primarily governed by the following key regulations:

  • BSP Guidelines: Overseeing banking institutions, the BSP provides guidelines to ensure financial stability and consumer protection.
  • Securities Regulation Code: Regulates securities businesses to protect investors from fraud and promote transparency.
  • Anti-Money Laundering Act: Sets the framework to prevent money laundering and terrorist financing in the financial system.
  • Investment Company Act: Governs the operation of investment companies to promote fair practices and protect investors.

Frequently Asked Questions

What is the role of the BSP in financial regulation?

The Bangko Sentral ng Pilipinas oversees monetary policy and regulates bank operations to promote financial stability and protect consumers.

How does the SEC protect investors?

The SEC enforces securities laws, prevents fraud, and promotes full disclosure to protect investors and maintain fair markets.

What is required for a financial institution to operate in Makati City?

Institutions must obtain the appropriate licenses from regulatory bodies such as the BSP, SEC, or Insurance Commission and comply with relevant laws.

What rights do consumers have under financial services regulation?

Consumers are entitled to transparent information, fair treatment, and redressal mechanisms in case of financial service disputes.

What are the penalties for non-compliance with financial regulations?

Penalties can include fines, imprisonment for responsible individuals, revocation of licenses, and other sanctions imposed by regulators.

Can individuals file complaints against financial institutions?

Yes, individuals can file complaints with the respective regulatory body, such as the BSP or SEC, for any grievances regarding financial services.

How are financial dispute resolutions handled?

Dispute resolutions can be handled through mediation, arbitration, or in some cases, litigation, depending on the contract and severity of the case.

What is the Anti-Money Laundering Act?

This law provides measures to detect and prevent money laundering and related activities, with obligations for financial institutions to report suspicious transactions.

Who are considered 'Covered Persons' under the Anti-Money Laundering Act?

'Covered Persons' include banks, non-bank financial institutions, and other persons or entities involved in financial activities specified by law.

How are international financial services regulated in the Philippines?

International financial services are subject to both local regulations and any applicable international agreements and standards.

Additional Resources

The following resources can be helpful for those seeking legal advice in Financial Services Regulation:

  • Bangko Sentral ng Pilipinas (BSP): The central bank offering guidance and information on banking regulations.
  • Securities and Exchange Commission (SEC): Provides resources and updates on securities regulation.
  • Insurance Commission: Oversees the insurance sector and provides consumer protection resources.
  • Philippine Institute of Certified Public Accountants (PICPA): Offers insights into financial accounting and regulatory issues.

Next Steps

If you require legal assistance in Financial Services Regulation, consider taking the following steps:

  • Identify the specific area where legal advice is needed—whether it's compliance, dispute resolution, or contract review.
  • Conduct a search for experienced lawyers or law firms that specialize in financial services regulation in Makati City.
  • Schedule consultations to discuss your situation, evaluate the expertise of potential lawyers, and understand their approach to your case.
  • Review the terms of engagement from prospective legal advisors to ensure clarity on fees, processes, and expectations.
Lawzana helps you find the best lawyers and law firms in Makati City through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Financial Services Regulation, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Makati City, Philippines—quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.