By Edu Punay (The Philippine Star), July 4, 2016 – 12:00am
In a one-page legal opinion sent to the Office of the President last June 23, the DOJ expressed its full support to House Bill 5417, the Proposed Philippine Credit Card Industry Regularion Law. Philstar.com/File photo
MANILA, Philippines – The Department of Justice (DOJ) has recommended the enactment of a proposed law in the House of Representatives seeking to regulate the credit card industry.
In a one-page legal opinion sent to the Office of the President last June 23, the DOJ expressed its full support to House Bill 5417, the Proposed Philippine Credit Card Industry Regularion Law.
The department said it found “no constitutional or legal objection” to the bill and that it “supports in full and recommends the approval of the aboved-mentioned enrolled bill into law.”
The DOJ said such measure is actually necessary “ to establish proper decorum by credit card issuers and their agents, considering escalating reported incidents of excessive and unauthorized charges, inaccessibility or the lack of the credit card companies’ consumer relation officers, and unfair collection practices by credit card collection agents through employment of harassment tactics…”
“The measure is hoped to prevent credit card companies’ reckless practice of offering their service without conducting know-your-client procedures,” read the opinion signed by former undersecretary Zabedin Azis.
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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