Republic Acts1 min read
Section 18Sec./Art. 18
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Limitations and Safeguards on the Maharlika Investment Fund. The management of the MIF shall be subject to a set of investment policies, guidelines, and risk management strategies of the MIC shall be in line with the policies and objectives hereunder stated to ensure the long-term viability of the Fund.
Investment and risk management plans, strategies and activities of the MIC, involving the MIF, shall be disclosed and published on its website that will be immediately updated and made easily accessible to the public.
No guarantee involving financial liability arising from any action of the MIC shall be binding upon the Philippine government without obtaining the written authority of the proper authorities under existing laws.
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