Future-proofing the SEC
The Philippine Star|October 27, 2024
The Securities and Exchange Commission (SEC) has the crucial task of regulating the country's corporate sector.
IRIS GONZALES
Future-proofing the SEC

To fulfill this mandate amid a rapidly changing world, the SEC's operations need to be sustainable, adaptive to changes and ready for the future.

One way to achieve this is through digitalization, says SEC Commissioner Rogelio Quevedo, a renowned information technology expert and IT law practitioner since 1983 who joined the SEC in June.

Quevedo, the only appointee of the Marcos administration in the SEC, wants to bring changes to the agency to make the regulator even more innovative and, in the process, help lead the corporate sector into the future.

He said these changes are necessary so that "the business thrust of the present administration can be harmonized and actually bring changes to the formation of the capital sector."

Artificial intelligence What changes does Quevedo have in mind?

"The SEC is actually at the forefront of digitization. And therefore, that is the change or the reform I would really like to spearhead. Not only in the front end but especially in the back end. That is where I want to infuse artificial intelligence into the government bureaucracy," Quevedo said in an email interview.

It is high time, he said, that the SEC adapts to the technology.

"This also comes from my background in the private sector, where way back in the '90s, I was part of a corporation at the forefront of technological innovation" said Quevedo former executive head of the MANCOM of PLDT-Smart and senior vice president of its international business division.

While he recognized that the SEC is already leading in digitization, he said many more reforms still need to be implemented.

"First, we have to remove the government bureaucratic mindset - the so-called institutional knowledge. Everything now has to be digitized. Therefore, not only do we have to eliminate the old-style bureaucracy, but we must also embrace technological changes to improve the government bureaucratic system," he said.

この記事は The Philippine Star の October 27, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Philippine Star の October 27, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

THE PHILIPPINE STARのその他の記事すべて表示
MQuest Artists Agency offers acting, dance, voice workshops
The Philippine Star

MQuest Artists Agency offers acting, dance, voice workshops

Those who will participate in the MQuest Artists Agency (MQAA) acting, dance, and voice public workshops will get the chance to be discovered and have exclusive access to auditions and the opportunity to join the MQAA talent pool.

time-read
2 分  |
December 02, 2024
SAM VERZOSA ON GIRLFRIEND RHIAN RAMOS: SHE'S MY LUCKY CHARM
The Philippine Star

SAM VERZOSA ON GIRLFRIEND RHIAN RAMOS: SHE'S MY LUCKY CHARM

SAM VERZOSA DESCRIBED girlfriend Rhian Ramos his \"lucky charm\" after receiving back-to-back awards this month.

time-read
3 分  |
December 02, 2024
The charmed life of Happy Ongpauco-Tiu
The Philippine Star

The charmed life of Happy Ongpauco-Tiu

I was recently invited to the birthday lunch of PR guru Susan Joven at Tsokolateria-Pamana restaurant in the new GH (Greenhills) Mall.

time-read
4 分  |
December 02, 2024
FEELING RIZAL HOVER 'IN THE AIR' TONIGHT IN HEIDELBERG
The Philippine Star

FEELING RIZAL HOVER 'IN THE AIR' TONIGHT IN HEIDELBERG

HEIDELBERG, Germany—They say history is not just something we read or study; it is something we walk through. All our movements and moments become, in a sense, historic (with the magnitude of their historicity being relative, of course). History inhabits the air of cities—most especially old, grizzled ones such as Heidelberg in Germany with the hum and thrum of its cobblestones, where we recently echoed the footfalls not only of countless German figures who have shaped history but also of one Dr. Jose Rizal.

time-read
5 分  |
December 02, 2024
The Philippine Star

New Phl CPF finalized early next year – WB

The World Bank expects to finalize by early next year its new country partnership framework (CPF) that will outline programs to be supported in the Philippines for 2025 until 2028.

time-read
1 min  |
December 02, 2024
Focus on exports
The Philippine Star

Focus on exports

Federation of Filipino Chinese Chamber of Commerce and Industry Inc. (FFCCCII) president Cecilio Pedro hopes that government officials would focus on increasing the country's self-sufficiency next year in the face of possible tariffs threats from the United States with the expected takeover of the government by president-elect Donald Trump.

time-read
4 分  |
December 02, 2024
The Philippine Star

ERC: EPIRA amendments could bring down power costs

The proposed changes to the Electric Power Industry Reform Act (EPIRA) could deliver the long-awaited solution to soaring electricity costs, according to the country's power regulator.

time-read
2 分  |
December 02, 2024
The bigger problems
The Philippine Star

The bigger problems

\"In the larger scheme of things, Sara is unimportant. So please do not file impeachment complaints. It will only distract us from the work of governance which is to improve the lot of all Filipinos.\"

time-read
4 分  |
December 02, 2024
The Philippine Star

Phl MSMEs among target beneficiaries of ADB, Mastercard financing in Asia-Pacific

Micro, small and medium enterprises (MSMEs) in the Philippines are among the initial target beneficiaries of financing from the Asian Development Bank (ADB) and Mastercard to support small businesses in Asia-Pacific.

time-read
1 min  |
December 02, 2024
The Philippine Star

Metro Retail revisiting network expansion plan

Metro Retail Stores Group Inc., the listed retail company of the Gaisano Group, is revisiting its network expansion plan and strategies to adapt to the changing preferences of Filipino consumers.

time-read
2 分  |
December 02, 2024