SyCipLaw Senior Partner and Head of the Banking, Finance and Securities Department Philbert E. Varona, along with Partners Jan Celine C. Abaño-Ranada, Camille Angela M. Espeleta-Castillo, and Ricardo Jesus E. Gutierrez, authored the Philippine chapter of the Chambers Debt Finance 2025 Global Practice Guide (GPG).
The guide provides up-to-date legal insights on debt finance markets, transaction structuring and documentation, guarantees and security interests, intercreditor issues, enforcement of security, lenders’ rights in insolvency, and tax and regulatory considerations. The Philippine chapter also discusses key tax and regulatory reforms affecting the debt finance market in the country.
Trends and Developments in Philippine Debt Finance
In addition to the GPG chapter, SyCipLaw contributed a detailed Trends and Developments article that provides a broader perspective on recent legislative and regulatory changes impacting the Philippine financial and capital markets. The article covers major reforms including the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act, the proposed Passive Income and Financial Intermediary Taxation Act (PIFITA), and the proposed Capital Markets Efficiency Promotion Act (CMEPA). These reforms aim to modernize the tax landscape and promote a more competitive investment environment.
The article also explores significant regulatory measures such as the launch of the Personal Property Security Registry (PPSR), the enactment of the Financial Products and Services Consumer Protection Act (FPSCPA), and the Internet Transactions Act of 2023 (ITA), all of which aim to improve financial access, strengthen consumer protections, and enhance digital transaction governance in the Philippines.
These developments reflect the country’s ongoing efforts to foster a more inclusive and robust financial system by streamlining tax regimes, incentivizing renewable energy investments, expanding access to credit for underserved sectors, and increasing regulatory oversight in both traditional and digital financial services.
The Philippine chapter of the GPG and the Trends and Developments article are available on the Chambers website. For a PDF copy, please email info@syciplaw.com.
