Law and Policy Database

The case involves the validity and alleged repudiation of an arbitration agreement embodied in a multi-tiered dispute resolution clause where the party resorting to arbitration failed to follow the pre-arbitral steps provided. The court ruled to stay the court proceeding in favor of arbitration, holding that the arbitral tribunal is competent to arbitrate upon the issues raised including repudiation.

The case arose from a bankruptcy order made against the respondent following a creditor’s petition by the appellant. The respondent argued that the debt was disputed and should be resolved by a New York court based on an exclusive jurisdiction clause in the contract.

The Circular on the Modified Minimum Capitalization of Conventional Banks with Islamic Banking Units (IBUs) were approved to afford flexibility in the establishment of IBUs and expand access to Shari'ah compliant banking products and services for all Filipinos.

The Law on Protection of Children and Young People in Danger promotes the rights and protection of children and young people in danger, in order to ensure their well-being and integral development. The law authorizes intervention to promote the rights and protection of children and young people in danger when the parents, legal representative or the de facto guardian of the child or young person endangers, or is unable to remove or oppose danger to their life, physical or mental integrity, safety, health, training, education or development.

The National Strategy on Climate Change of the Lao People’s Democratic Republic embodies the country's vision to 2050 for addressing climate change, as well as its strategy and programs of actions towards this end until 2030.

The Circular laid down the guidelines for banks which are required to adopt a recovery plan linked to their risk management framework, internal capital adequacy assessment process or capital planning, liquidity plans and business contingency plans during periods of extreme stress scenarios.

The Act requires the registration of Subscriber Identity Modules which is used to identify electronic devices to promote its responsible use and penalizes crimes which involve its utilization to commit wrongdoings.

The Rules were promulgated to prescribe the procedures and guidelines on the arbitration of intra-corporate disputes of corporations.

The Framework prescribes the rules applicable to Bangko Sentral-Supervised Financial Institutions (BSPFis), the third-party service providers of BSPFis, and new players who intend to offer or use an emerging or new technology to deliver financial products or services pertaining to activities under the jurisdiction of the Bangko Sentral ng Pilipinas.

The Act penalizes acts of sexual violence, abuse and exploitation of children.