Download a free copy of the Philippine section of The International Capital Markets Review2015, which was contributed by the SyCipLaw partner Maria Teresa D. Mercado-Ferrer with associatesJoan Mae S. To and Earla Kahlila Mikhaila C. Langit.

Reproduced with permission from Law Business Research Ltd. This article was first published in The International Capital Markets Review – Edition 4 (published in November 2014 – editor Jeffrey Golden). For further information, please visithttp://thelawreviews.co.uk/download/edition/1102/the-international-capital-markets-review/.