regulatory compliance
OIL EXPLORATION AND DEVELOPMENT ACT OF 1972 (AMENDING P.D. NO. 87)
This bill amends the Oil Exploration and Development Act of 1972 to introduce penalties for non-compliance with transfer approval requirements in service contracts for oil exploration.
ANTI-UNFAIR DEBT COLLECTION PRACTICES ACT
The Anti-Unfair Debt Collection Practices Act aims to regulate the collection practices of financing and lending companies, prohibiting unethical methods and imposing penalties for violations.
INSTITUTIONALIZING TRANSPARENCY IN THE PHILIPPINE DOWNSTREAM OIL INDUSTRY
This bill aims to institutionalize transparency in the Philippine downstream oil industry by amending the Downstream Oil Industry Deregulation Act. It empowers the Department of Energy to require oil companies to disclose the actual cost components of fuel prices when the average price of Dubai crude oil reaches or exceeds USD 80 per barrel.
AMENDING R.A. NO. 11900 (VAPORIZED NICOTINE AND NON-NICOTINE PRODUCTS REGULATION ACT)
Senate Bill No. 534 aims to amend the Vaporized Nicotine and Non-Nicotine Products Regulation Act to enhance public health protections by increasing the minimum age for purchasing these products and transferring regulatory authority to the Department of Health.
ONLINE GAMBLING REGULATORY ACT
The Online Gambling Regulatory Act aims to regulate online gambling in the Philippines, establish licensing requirements, and impose penalties for violations to protect citizens from the negative impacts of gambling.