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SEC Additional Filing Requirements for Non-stock Non-Profit and Foundations Philippines

IMG_1488Philippine regulatory agencies are now on its conscious effort to impose transparency on the non-stock non profit (NSNP) and foundations in the Philippines due to the various noted fraudulent acts using the such organizations. It was noted that many abusive individuals who wants to enjoy the benefit of NSNP and Foundations manipulated the books  and records  to hide the fraudulent activities and further transact and represent as reputable NSPO/Foundation.

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