The Anti-Red Tape Authority (ARTA) has cited the Securities and Exchange Commission (SEC) for its efforts in improving the ease of doing business in the country.
The SEC was among the government agencies so recognized during the 2023 Ease of Doing Business Convention.
“We share in ARTA’s mission of streamlining processes in the government to improve public service delivery and achieve bureaucratic efficiency, embodied in our push toward a zero-contact policy in accordance with Republic Act No. 11032, or the Ease of Doing Business Act,” SEC chairman Emilio B. Aquino said.
“The SEC has continuously worked to provide faster and more efficient transactions with the public through our digital transformation program, ensuring a smooth and hassle-free experience for our stakeholders,” he said.
Since 2021, nine digital services automating key processes of the SEC have been launched. This includes the Electronic Simplified Processing of Application for Registration of Companies (eSPARC) and its subsystem and the One Day Submission and Electronic Registration of Companies (OneSEC).
This year, the SEC further deepened its digitalization efforts with five new advanced systems.
