Category: Featured

The Anti-Financial Account Scamming Act

On July 20, 2024, President Marcos signed into law R.A. 12010 or the Anti-Financial Account Scamming Act (AFASA). In the Declaration of Policy, the State recognizes the vital role of banks, non-bank financial institutions, other payment service providers, and the general banking public in maintaining a stable financial system. Furthermore, with the increased use of digital financial services, there is a need to promote awareness on the proper use of Financial Accounts, and to protect the public from cybercriminals and criminal syndicates. For the purpose of this Act, “Institutions” refers to banks, non-banks, other financial institutions, payments, and financial service providers under the jurisdiction of the Bangko Sentral ng Pilipinas (BSP).

Mining Laws and Regulations Philippines 2024

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ICLG – Mining Laws and Regulations – Philippines Chapter covers common issues in mining laws and regulations – including the acquisition of rights, ownership requirements and restrictions, processing, transfer and encumbrance, environmental aspects, native title and land rights.

The 2024 A List-Philippines Top Lawyers

Atty. Roderick R.C. Salazar III The 2024 A List-Philippines Top Lawyers FNS congratulates its Senior Partner, for his inclusion as an Icon and Top Lawyer in the Asia Business Law Journal’s The Philippines Top Lawyers 2024. This recognition is a testament to Atty. Salazar’s expertise in the fields of Mining, Projects and Energy, Corporate and […]

GREEN FUNDING FOR A FLOATING SOLAR PROJECT – A Look at Eligibility, Legal and Regulatory Issues

Introduction: As early as 2009, the Philippines recognized the vulnerability of the Philippine archipelago and its local communities, particularly the poor, women, and children, to potential dangerous consequences of climate change such as rising seas, changing landscapes, increasing frequency and/or severity of droughts, fires, floods and storms, climate-related illnesses and diseases, damage to ecosystems, biodiversity loss that affect the country’s environment, culture, and economy.

RCS hailed as `Highly Regarded’ lawyer by IFLR1000

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Fortun Narvasa & Salazar congratulates its Senior Partner, Roderick R.C. Salazar III, for his recognition as a Highly Regarded lawyer by the IFLR1000 in the country’s Project Development practice, particularly for Mining and Utilities.

13 Years After Pearl & Dean and We’re Still Groping in the Dark [Copyright]

When the Philippine Supreme Court rendered judgment in Pearl & Dean (Phil.), Inc. vs. Shoemart, Inc. and North EDSA Marketing, Inc. (G.R. No. 148222, August 15, 2003) back in 2003, the local Intellectual Property (IP) community let out a sigh of relief that, finally, more people would be aware not only of the existence of IP rights but, more importantly, the distinction between patents, trademarks, and copyrighted works.

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