New SEC Chair, Francis Lim, Takes the Helm on Facebook

New Securities and Exchange Commission (SEC) chairperson Francis Lim is eager to enhance the Philippine capital market during his tenure. Lim is focused on implementing measures to improve market efficiency, transparency, and investor protection. His goal is to attract more investors by creating a conducive environment for capital market growth.

Lim believes that increasing market participation is essential for the development of the Philippine capital market. He plans to introduce initiatives that will encourage more companies to list on the stock exchange and provide greater investment opportunities for the public. By expanding the investor base, Lim hopes to deepen the market and enhance its liquidity.

One of Lim’s key priorities is to enhance market transparency. He aims to ensure that market information is readily available to investors and that there is fair disclosure of relevant information by listed companies. By promoting transparency, Lim seeks to build trust among investors and foster a more vibrant capital market.

In addition to transparency, investor protection is another area of focus for Lim. He wants to strengthen regulatory frameworks to safeguard the interests of investors and prevent market abuse. By enhancing investor protection measures, Lim aims to create a secure investment environment that will attract both domestic and foreign investors.

Lim is also committed to improving market efficiency by streamlining regulatory processes and reducing unnecessary barriers to market entry. He plans to work closely with market participants to identify areas for improvement and implement reforms that will enhance market efficiency. By making the market more efficient, Lim aims to attract more investors and stimulate capital market growth.

Under Lim’s leadership, the SEC will continue to collaborate with industry stakeholders to address key issues facing the Philippine capital market. Lim believes that cooperation among regulators, market participants, and other stakeholders is essential for fostering a dynamic and resilient capital market. By working together, they can overcome challenges and seize opportunities for market development.

Overall, Lim’s vision for the Philippine capital market is centered on promoting growth, enhancing transparency, protecting investors, and improving market efficiency. By pursuing these goals, Lim hopes to create a vibrant and competitive capital market that will contribute to the country’s economic prosperity. With his experience and dedication, Lim is well-positioned to lead the SEC in driving the development of the Philippine capital market.