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| Title | Content |
|---|---|
| Listing and Disclosure Rules | |
| Supplemental Rules | |
| Guidance Notes |
Disclaimer: Some files are over 10mb and download will vary depending on connection speed. To download separate files, please see links below. The checklist of documentary requirements for initial and additional listing applications and other forms can be found in Appendices.
| Title | Content |
|---|---|
| Article I – General Objectives and Principles |
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| Article II – Definition of Terms |
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| Article III – Equity Securities |
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| Article IV – Debt Securities |
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| Article V – Additional Listing of Securities |
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| Article VI – Schedule of Fees |
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| Title | Content |
|---|---|
| Article VII – Disclosure Rules | |
| Article VIII – Penalties and Fines |
| Title | Content |
|---|---|
| 1. PSE Memorandum No. 2008-0406 dated 22 August 2008 re: Philippine Mineral Reporting Code | |
| 1.1. PSE Memorandum No. 2010-0501 dated 27 October 2010 re: Implementing Rules and Regulations of the Philippine Mineral Reporting Code | |
| 1.2. PSE Memo for Brokers No. 220-2005 dated 8 September 2005 re: Interpretation of the Listing Rules for Mining Companies | |
| 1.3. PSE Memorandum CN_2021-0056 dated 4 November 2021 re: Effectivity of the 2020 Philippine Mineral Reporting Code (2020 PMRC) | |
| 2. PSE Memorandum LA-No. 2011-0032 dated 1 September 2011 re: Supplemental Listing and Disclosure Requirements for Petroleum and Renewable Energy Companies | |
| 3. PSE Memorandum No. 2020-0005 dated 7 February 2020 re: Amended Listing Rules for Real Estate Investment Trust (REITs) | |
| 3.1. PSE Memorandum MEA – No. 2022-0001 dated 13 June 2022 re: Effectivity of Amendments to the REIT Listing Rules on Lock-Up Exemption and Stockholders’ Equity |
3.1. PSE Memorandum MEA – No. 2022-0001 dated 13 June 2022 re: Effectivity of Amendments to the REIT Listing Rules on Lock-Up Exemption and Stockholders’ EquityNote: This rule further amended the 2020 Amended Listing Rules for REITs. |
| 4. PSE Memorandum No. 2010-0203 dated 4 May 2010 re: Amended Rule on Lodgment of Securities – Implementation of the Electronic Lodgment of all Registered Securities | |
| 5. PSE Memorandum No. 2011-0105 dated 9 March 2011 re: Amended Rules on Listing by Way of Introduction | |
| 6. PSE Memorandum CN No. 2012-0003 dated 3 January 2012 re: Amended Rule on Minimum Public Ownership | |
| 6.1. PSE Memorandum CN No. 2012-0053 dated 28 September 2012 re: Amendments to the Reporting Requirements Under the Rule on Minimum Public Ownership | |
| 6.2. PSE Memorandum CN No. 2020-0076 dated 3 August 2020 re: Guidelines on MPO Requirements for Initial and Backdoor Listings | |
| 7. PSE Memorandum CN – No. 2022-0026 dated 22 June 2022 re: Revised Rules on Backdoor Listing | |
| 8. Rules on Delisting, as amended | |
| 8.1. PSE Memorandum CN No. 2020-0104 dated 21 December 2020 re: Amendments to the Voluntary Delisting Rules | |
| 9. PSE Memo for Brokers No. 085-2003 dated 24 March 2003 re: Rule on Substitutional Listing | |
| 10. PSE Memo for Brokers No. 066-2004 dated 2 April 2004 re: Revision to Section 13.1. of the Revised Disclosure Rules | |
| 11. PSE Memorandum CN-No. 2013-0010 dated 4 April 2013 re: PSE Rules on Exchange Traded Funds | |
| 12. PSE Memorandum CN-No. 2021-0021 dated 24 March 2021 re: Amended Listing Rules |
12. PSE Memorandum CN-No. 2021-0021 dated 24 March 2021 re: Amended Listing RulesNote: This rule superseded PSE Memorandum CN-No. 2013-0023 dated 6 June 2013 re: Listing Rules for the Main and SME Boards of the PSE |
| 12.1. PSE Memorandum CN No. 2020-0080 dated 14 August 2020 re: Revisions to the Mandatory Lock-up Rule for Small, Medium and Emerging (SME) Board Listing | |
| 12.2. PSE Memorandum MEA-No. 2022-0003 dated 13 June 2022 re: Amendments to the Lock-Up Rule in the Main Board and SME Board Listing Rules | |
| 13. PSE Memorandum CN – No. 2016-0078 dated 2 December 2016 re: Rules on Dollar Denominated Securities | |
| 14. PSE Memorandum CN-No. 2016-0081 dated 8 December 2016 re: Supplemental Listing and Disclosure Rules Applicable to PPP Company | |
| 15. PSE Memorandum MEA–No. 2022 – 0002 dated 13 June 2022 re: Effectivity of Amendments to the Rules for Local Small Investors | |
| 16. PSE Memorandum CN-No. 2019-0012 dated 22 March 2019 re: New Fee Framework for Listing Applications | |
| 17. PSE Memorandum CN-No. 2019-0013 dated 22 March 2019 re: Requirement to Disclose Price Range for Follow-on Offerings and Stock Rights Offerings of Common Shares and Exchange Traded Funds | |
| 18. PSE Memorandum CN-No. 2021-0049 dated 31 August 2021 re: Amendments to Article VIII, Section 3 of the Consolidated Listing and Disclosure Rules | |
| 19. PSE Memorandum CN – No. 2022-0023 dated 24 May 2022 re: Rule on Initial Listing through a Preferred Shares Offering |
| Title | Content |
|---|---|
| Initial Public Offering |
Initial Public Offering |
| Initial Public Offering- Real Estate Investment Trust (REIT) |
Initial Public Offering – Real Estate Investment Trust (REIT) |
| Listing by Way of Introduction |
Listing by Way of Introduction |
| Follow-on Offering / Public Offering |
Follow-on Offering / Public Offering |
| Merger |
Merger |
| Pre-Emptive / Stock Rights Offering |
Pre-Emptive / Stock Rights Offering |
| Share-for-Share Swap |
Share-for-Share Swap |
| Private Placement |
Private Placement |
| Debt-to-Equity Conversion |
Debt-to-Equity Conversion |
| Property-for-Share Swap |
Property-for-Share Swap |
| Underlying Common Shares of Convertible Bonds |
Underlying Common Shares of Convertible Bonds |
| Underlying Common Shares of Convertible Preferred Shares |
Underlying Common Shares of Convertible Preferred Shares |
| Warrants and Underlying Common Shares of the Warrants |
Warrants and Underlying Common Shares of the Warrants |
| Stock Option Plan / Stock Purchase Plan |
Stock Option Plan / Stock Purchase Plan |
| Stock Dividend |
Stock Dividend |
| Additional Documentary Requirements for a Mining Company |
Additional Documentary Requirements for a Mining Company |
| Supplemental Documentary Requirements for Petroleum and Renewable Energy Companies |
Supplemental Documentary Requirements for Petroleum and Renewable Energy Companies |
| Documentary Requirements for Accreditation of Firms for Purposes of Issuing Fairness Opinions and Valuation Reports |
Documentary Requirements for Accreditation of Firms for Purposes of Issuing Fairness Opinions and Valuation Reports |
| Documentary Requirements for Accreditation of Property Appraisal Companies |
Documentary Requirements for Accreditation of Property Appraisal Companies |
| Title | Content |
|---|---|
| Application for Listing |
Application for Listing |
| Agreement with Registrar or Transfer Agent |
Agreement with Registrar or Transfer Agent |
| Distribution of Capital Stock to its Stockholders |
Distribution of Capital Stock to its Stockholders |
| Title | Content |
|---|
| Title | Content |
|---|---|
| 1. PSE Memo for Brokers dated 27 November 2007 re: Interpretation of the Suitability Rule of the Exchange |
1. PSE Memo for Brokers dated 27 November 2007 re: Interpretation of the Suitability Rule of the Exchange |
| 2. Resolution No. 82, Series of 2006 of the Exchange’s Board of Directors – Abolition of the Listing Committee |
2. Resolution No. 82, Series of 2006 of the Exchange’s Board of Directors – Abolition of the Listing Committee |
| 3. Guidelines for Uploading of Required Documents with Access Restrictions |
3. Guidelines for Uploading of Required Documents with Access Restrictions |
| 4. PSE Memorandum No. 2010-0246 dated 21 May 2010 re: the Interpretative Guidelines for the Amended Rules on Lodgment of Securities with a copy of PSE Memorandum No. 2010-0233 dated 18 May 2010 |
4. PSE Memorandum No. 2010-0246 dated 21 May 2010 re: the Interpretative Guidelines for the Amended Rules on Lodgment of Securities with a copy of PSE Memorandum No. 2010-0233 dated 18 May 2010 |
| 5. PSE Memorandum No. 2010-0229 dated 17 May 2010 re: Revised Procedures for Filing of a Listing Application |
5. PSE Memorandum No. 2010-0229 dated 17 May 2010 re: Revised Procedures for Filing of a Listing Application |
| 6. Resolution No. 107, Series of 2010 of the Exchange’s Board of Directors – Validity of Approval on a Listing Application |
6. Resolution No. 107, Series of 2010 of the Exchange’s Board of Directors – Validity of Approval on a Listing Application |
| 7. Resolution No. 126, Series of 2006 of the Exchange’s Board of Directors – Authority of the President and CEO to make amendments to Board-approved application |
7. Resolution No. 126, Series of 2006 of the Exchange’s Board of Directors – Authority of the President and CEO to make amendments to Board-approved application |
| 8. PSE Memorandum No. 2011-0104 dated 9 March 2011 re: Guidelines for Fairness Opinions and Valuation Reports |
8. PSE Memorandum No. 2011-0104 dated 9 March 2011 re: Guidelines for Fairness Opinions and Valuation Reports |
| 8.1. PSE Memorandum CN-No. 2019-0028 dated June 3, 2019 re: Amendment to the Policy on Validity Period of the Accreditation of Firms for Valuation or Appraisal Purposes |
8.1. PSE Memorandum CN-No. 2019-0028 dated June 3, 2019 re: Amendment to the Policy on Validity Period of the Accreditation of Firms for Valuation or Appraisal Purposes |
| 8.2. PSE Memorandum No. 2021-0009 dated 19 February 2021 re: Amendments to PSE Guidelines for Fairness Opinions and Valuation Reports |
8.2. PSE Memorandum No. 2021-0009 dated 19 February 2021 re: Amendments to PSE Guidelines for Fairness Opinions and Valuation Reports |
| 9. PSE Memorandum No. 2011-0117 dated 18 March 2011 re: Documentary Requirements for Accreditation of Firms for Purposes of Issuing Fairness Opinions and Valuation Reports |
9. PSE Memorandum No. 2011-0117 dated 18 March 2011 re: Documentary Requirements for Accreditation of Firms for Purposes of Issuing Fairness Opinions and Valuation Reports |
| 10. PSE Memorandum No. 2010-0204 dated 4 May 2010 re: Interpretation of the Rule on Additional Listing of Shares for a Placing and Subscription Transaction |
10. PSE Memorandum No. 2010-0204 dated 4 May 2010 re: Interpretation of the Rule on Additional Listing of Shares for a Placing and Subscription Transaction |
| 11. Resolution No. 126, Series of 2005 of the Exchange’s Board of Directors – Revised Initial Listing Fee Structure |
11. Resolution No. 126, Series of 2005 of the Exchange’s Board of Directors – Revised Initial Listing Fee Structure |
| 12. PSE Memo for Brokers dated 17 December 2007 – New Annual Listing Maintenance Fee |
12. PSE Memo for Brokers dated 17 December 2007 – New Annual Listing Maintenance Fee |
| 13. PSE Memorandum No. 2008-0182 dated 8 April 2008 re: Guidelines for Listed Companies on Posting Disclosures/Reports to their Websites |
13. PSE Memorandum No. 2008-0182 dated 8 April 2008 re: Guidelines for Listed Companies on Posting Disclosures/Reports to their Websites |
| 14. PSE Memorandum DA – No. 2013-0726 dated 26 December 2013 re: Implementation of the PSE Electronic Disclosure Generation Technology |
14. PSE Memorandum DA – No. 2013-0726 dated 26 December 2013 re: Implementation of the PSE Electronic Disclosure Generation Technology |
| 15. PSE Memorandum CN – No. 2022-0010 dated 24 February 2022 re: Cut-off for Posting Disclosures on PSE EDGE Portal |
15. PSE Memorandum CN – No. 2022-0010 dated 24 February 2022 re: Cut-off for Posting Disclosures on PSE EDGE Portal |
| 16. PSE Memo for Brokers No. 268-2002 dated 14 November 2002 re: Amendment to Section 10, Article XII (Stock Dividends), Listings and Disclosure Rules |
16. PSE Memo for Brokers No. 268-2002 dated 14 November 2002 re: Amendment to Section 10, Article XII (Stock Dividends), Listings and Disclosure Rules |
| 17. PSE Memo for Brokers No. 38-2003 dated 6 February 2003 re: Deadline of Remittance of Cash Dividends Accruing to Shares not Lodged in PCD |
17. PSE Memo for Brokers No. 38-2003 dated 6 February 2003 re: Deadline of Remittance of Cash Dividends Accruing to Shares not Lodged in PCD |
| 18. PSE Memorandum No. 2008-0315 dated 30 June 2008 re: Disclosure of Record and Payment Date for Dividend Declarations |
18. PSE Memorandum No. 2008-0315 dated 30 June 2008 re: Disclosure of Record and Payment Date for Dividend Declarations |
| 19. PSE Memorandum No. 2009-0272 dated 13 May 2009 re: SEC Memorandum Circular No. 2 Series of 2009 – Amended Rules Governing Pre-Emptive and Other Subscription Rights and Declaration of Stock and Cash Dividends of Corporations whose Securities are Registered under the Revised Securities Act or Listed in the Stock Exchange |
19. PSE Memorandum No. 2009-0272 dated 13 May 2009 re: SEC Memorandum Circular No. 2 Series of 2009 – Amended Rules Governing Pre-Emptive and Other Subscription Rights and Declaration of Stock and Cash Dividends of Corporations whose Securities are Registered under the Revised Securities Act or Listed in the Stock Exchange |
| 20. PSE Memorandum No. 2009-0214 dated 8 April 2009 re: Guidelines for requesting extension of deadline for filing of Annual and Quarterly Reports |
20. PSE Memorandum No. 2009-0214 dated 8 April 2009 re: Guidelines for requesting extension of deadline for filing of Annual and Quarterly Reports |
| 21. PSE Memo for Brokers No. 537-2007 dated 8 November 2007 re: Updating of Monthly Foreign Ownership Level |
21. PSE Memo for Brokers No. 537-2007 dated 8 November 2007 re: Updating of Monthly Foreign Ownership Level |
| 22. PSE Memo for Brokers No. 249-2007 dated 15 June 2007 re: Updating of Foreign Ownership Level |
22. PSE Memo for Brokers No. 249-2007 dated 15 June 2007 re: Updating of Foreign Ownership Level |
| 23. PSE Memo for Brokers No. 437-2007 dated 24 September 2007 re: Updating of Foreign Ownership Level |
23. PSE Memo for Brokers No. 437-2007 dated 24 September 2007 re: Updating of Foreign Ownership Level |
| 24. Other policies, guidelines and practices related to listed shares: |
24. Other policies, guidelines and practices related to listed shares: |
| 24.1. PSE Memo for Brokers No. 017-2005 dated 19 January 2005 re: Implementing Guidelines for Companies Under Corporate Rehabilitation |
24.1. PSE Memo for Brokers No. 017-2005 dated 19 January 2005 re: Implementing Guidelines for Companies Under Corporate Rehabilitation |
| 24.2. Rules on Quasi-Reorganization |
24.2. Rules on Quasi-Reorganization |
| 24.3. PSE Notice to all Listed Companies re: Policy on Updating of Stock Certificates |
24.3. PSE Notice to all Listed Companies re: Policy on Updating of Stock Certificates |
| 24.4. Implementing Guidelines on Article XVI, Section 2, Letter f of the Listing and Disclosure Rules of the Exchange |
24.4. Implementing Guidelines on Article XVI, Section 2, Letter f of the Listing and Disclosure Rules of the Exchange |
| 24.5. Memo for Brokers No. 418-2007 dated 12 September 2007 re: Publication of Change in Corporate Name |
24.5. Memo for Brokers No. 418-2007 dated 12 September 2007 re: Publication of Change in Corporate Name |
| 24.6. PSE Memorandum No. 2008-0356 dated 29 July 2008 re: Submission of Quarterly Public Ownership Report |
24.6. PSE Memorandum No. 2008-0356 dated 29 July 2008 re: Submission of Quarterly Public Ownership Report |
| 24.7. PSE Memorandum DA-No. 2012-0175 dated 30 July 2012 re: Public Ownership Reports of Listed Companies as of 30 June 2012 |
24.7. PSE Memorandum DA-No. 2012-0175 dated 30 July 2012 re: Public Ownership Reports of Listed Companies as of 30 June 2012 |
| 24.8. PSE Memorandum No. 2008-0462 dated 3 October 2008 re: Disclosure of Changes in Lodgment and Upliftment Procedure of Listed Companies |
24.8. PSE Memorandum No. 2008-0462 dated 3 October 2008 re: Disclosure of Changes in Lodgment and Upliftment Procedure of Listed Companies |
| 24.9. Monitoring of Use of Proceeds |
24.9. Monitoring of Use of Proceeds |
| 24.10. PSE Memorandum CN-No. 2014-0031 dated 13 June 2014 re: Reminder on SEC Memorandum Circular Nos. 11 and 12, Series of 2014 – Template for Publicly-Listed Companies’ Website and Changes/Updates in the Annual Corporate Governance Report |
24.10. PSE Memorandum CN-No. 2014-0031 dated 13 June 2014 re: Reminder on SEC Memorandum Circular Nos. 11 and 12, Series of 2014 – Template for Publicly-Listed Companies’ Website and Changes/Updates in the Annual Corporate Governance Report |
| 25. Guidelines in the Interpretation of Article III, Parts D and E of the Revised Listing Rules, as amended |
25. Guidelines in the Interpretation of Article III, Parts D and E of the Revised Listing Rules, as amended |
| Title | Content |
|---|---|
| SEC Revised Code of Corporate Governance (2009) | |
| SEC Code of Corporate Governance for Publicly-Listed Companies (2016) | |
| Integrated Annual Corporate Governance Report | |
| SEC Sustainability Reporting Guidelines for Publicly-Listed Companies (2019) | |
| SEC Rules on Material Related Party Transactions for Publicly-Listed Companies (2019) |
| Title | Content |
|---|
| Title | Content |
|---|---|
| Revised Trading Rules |
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| Implementing Guidelines of the Revised Trading Rules |
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| Revised Rules of the Securities Clearing Corporation of the Philippines (SCCP) |
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| Revised Operating Procedures of the Securities Clearing Corporation of the Philippines (SCCP) |
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| Capital Markets Integrity Corporation (CMIC) Rules |
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| Rules on Direct Market Access (DMA) |
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| DMA Rules: Guidelines on Written SOPs for DMA TPs |
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| Rules Governing Trading Rights and Trading Participants |
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| Title | Content |
|---|---|
| Admission of a Trading Participant |
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| Application for New Nominee |
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| Operation of a Branch Office |
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| Voluntary Suspension |
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| Cessation of Operations |
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| Resumption of Operations |
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| Change in Controlling Interest |
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| Change in Corporate Name |
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| Change in Status of Trading Right |
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| Sale of Trading Right |
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| Title | Content |
|---|---|
| Minimum Commission Rates and Policy on Commissions in a Tender Offer |
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| Interpretative Guidelines of the Rule on Minimum Commission Rates |
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| Risk-based Capital Adequacy Requirements |
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| Qualification of Independent Directors |
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| Broker-Director Rule |
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| E | Content |
|---|---|
| R.A. No. 9243 Exemption from Documentary Stamp Tax |
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| PSE Rules and Guidelines on Securities Borrowing and Lending |
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| PSE Guidelines on Securities Borrowing and Lending |
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| SEC Rules on Securities Borrowing and Lending |
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| BIR Revenue Regulations No. 10-2006 |
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| BIR Revenue Regulations No. 1-2008 |
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| Insurance Commission Amended Guidelines for Securities Borrowing and Lending Transactions |
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| CMIC Guidelines for Securities Borrowing and Lending |
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| E | Content |
|---|---|
| SRC 2015 IRR Rule 24.2-2 Short Sales |
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| PSE Revised Trading Rules Article IV Section 5 – Short Selling |
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| PSE Guidelines for Short Selling Transactions |
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| CMIC Guidelines for SBL and Short Selling |
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| E | Content |
|---|---|
| R.A. No. 9856 Legal Framework for Real Estate Investment Trust |
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| SEC Revised Implementing Rules and Regulations of R.A. No. 9856 |
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| BIR Revenue Regulations No. 3-2020 |
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| PSE Amended Listing Rules for Real Estate Investment Trusts |
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| E | Content |
|---|---|
| PSE ETF Rules |
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| SEC ETF Rules |
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| ETF Listing Checklist |
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| ETF Market Maker Application Checklist |
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| E | Content |
|---|---|
| PSE Rules on Dollar Denominated Securities |
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| CMIC Accounting and Recording Guidelines on DDS |
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| E | Content |
|---|---|
| Anti-Money Laundering Act |
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| Revised Guidelines in the Preparation of the Anti-Money Laundering Operating Manual |
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| AMLC Resolution No. 10 |
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| AMLC Resolution No. 10-A |
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| AMLC Resolution No. 10-C |
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| Republic Act No. 10167 |
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| Republic Act No. 10168 |
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| Republic Act No. 10365 |
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| E | Content |
|---|---|
| Implementing Rules and Regulations of the Securities Regulation Code |
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| Securities Regulation Code |
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| BSP Manual of Regulations on Foreign Exchange Transactions |
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