Tag: MIF act revisions

Maharlika Fund IRR revision made to give Board more independence: IRR review group member

(Eagle News)–The specific qualifications of Maharlika Investment Corp.’s officers were removed from the MIF implementing rules and regulations to give the Board of Directors “more independence.” This is according to Monetary Board Member and former Treasurer of the Philippines Rosalia De Leon, a member of the review group of the Maharlika Investment Fund Act’s IRR. President Bongbong Marcos had ordered the review of the Act’s initial IRR to ensure that safeguards are in place in […]