“ACCESS MCLE and Former SEC Chairwoman, Atty. Teresita Herbosa Online on Corporations Vested with Public Interest”
For the first time ever, a former SEC Chairperson gives an online lecture on the rules governing “Corporations Vested with Public Interest.” Atty. Teresita Herbosa and ACCESS MCLE 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, 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. Her proposed amendments passed legislative process and was reenacted in 2019 as the Revised Corporation Code of the Philippines, which together with a colleague, she authored in a book entitled entitled “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 De La Salle University College of law. Prior to serving as the SEC Chairperson from 2011 to 2018, she engaged in private practice of law at the Angara Abello Concepcion Regala& Cruz Law Offices (“ACCRALAW”) specializing in litigation and dispute resolution for 33 years. She has rejoined ACCRA as Of Counsel in 2019.