The Securities Exchange Commission (SEC) has launched several digital services aimed at boosting the agency’s digitalization efforts, coinciding with the celebration of its 85 years of existence since its foundation.
While commemorating its 85th anniversary, the SEC claimed that the rollout of the new services was intended to improve the ease of doing business as well as the company registration and monitoring.
The list of digital services released by the SEC includes the SEC Universal Registration Environment (SECURE), Electronic Registry Application for Market Participants (eRAMP), Electronic SEC Education, Analysis, and Research Computing Hub (eSEARCH), and Check App 2.0.
SECURE serves as SEC’s center point for services where applications can be hosted and launched.
- SSS Hotline Customer Service 24/7 Call and SMS Inquiry Guide
- Want to verify your SSS number online? It’s not yet possible, but here are some ways you can use to do it
- Guide: SSS Pension Loan Online Renewal
eRAMP, concurrently, is a service that allows capital market professionals and institutions to operate a variety of functions, including registration applications, annual fee payments, and additional notification requirements. Alternatively, it also serves as an online database of all stakeholders registered with the SEC.
Meanwhile, eSEARCH acts as a repository for information that allows the public to download legitimate SEC files. What would otherwise take longer to start, the eSEARCH platform makes contract vetting and investment evaluation faster, in a matter of minutes.
Another noteworthy program launched by the commission is the SEC FARMS, which serves as a new system of registration that facilitates the raising of funds for specific projects within the agriculture industry.
Applications made on SEC FARMS can be approved within 28 days from the date of filing, albeit subject to guidelines.
Per SEC, agribusinesses have the power to raise as much as P500 million per project within the program.
Complimenting SEC’s efforts in digital reform, Philippine President Ferdinand Marcos, Jr. said that they would make compliance with requirements easier among companies.
Formerly calling the Philippine International Convention Center (PICC) Complex in Pasay City home, the SEC now regards Makati as the place of its headquarters.
This article, SEC celebrates 85th anniversary with new digital services, was originally published at NoypiGeeks | Philippines Technology News, Reviews and How to’s.