FOR the first time ever, former Securities and Exchange Commission (SEC) chairperson Teresita Herbosa will give an online lecture on the rules governing corporations vested with public interest.
Herbosa, a lawyer, and Access MCLE (Mandatory Continuing Legal Education) have designed an interactive online course that will impact banks and quasi-banks, non-stock savings and loan associations, pawnshops, corporations engaged in money service business, preneed firms, trust and insurance companies and other financial intermediaries.
While serving as the chairperson of the SEC, Herbosa implemented significant reforms in the commission and introduced changes to the Corporation Code of the Philippines.
Herbosa’s proposed amendments passed legislative process and were reenacted in 2019 as the Revised Corporation Code of the Philippines, which she tackled in a book written by her and a colleague—“The Revised Corporation Code, Its Theories and Applications.”
Herbosa, who ranked 16th among the successful examinees in the 1977 Bar Examinations, is now a professor at the University of the Philippines College of Law and the De La Salle University College of Law.
Prior to serving as the SEC chairperson from 2011 to 2018, she engaged in the private practice of law at the Angara Abello Concepcion Regala and Cruz Law Offices (Accralaw), specializing in litigation and dispute resolution for 33 years. She rejoined Accra as Of Counsel in 2019.