RACHEL P. FOLLOSCO received her Bachelor of Laws degree from the University of the Philippines in 1993, graduating third in her class, and was admitted to the Philippine Bar in 1994. She graduated Magna Cum Laude from the University of the Philippines in 1988, with a degree in Bachelor of Science in Business Administration and Accountancy.
From 1993 to 1996, she worked with the Philippine firm associated with Baker & McKenzie, where she specialized in the Tax, Commercial, and Corporate practice areas of the firm. She has extensive exposure in international taxation, tax structuring, and tax planning in relation to property acquisition, financing, and capital investment transactions. She is a tax consultant for various USAID-funded projects for the Bureau of Internal Revenue, particularly the taxation of the telecommunications industry and projects focused on improving business competitiveness in the Philippines. In addition, she was a senior lecturer in Taxation Law, Banking and Finance, and Legal Accounting at the University of the Philippines from 1994 to 2000 and in 2009.
In the corporate field, she has extensive experience in assisting foreign investors in the registration of their Philippine business entities, structuring of their Philippine investments, and addressing their other common legal concerns concerning their business operations, including all regulatory compliance. She authored/co-authored and updates the Philippine section of the International Tax and Investment Service (published by Tolley Lexis Nexis), International Joint Ventures (published by Kluwer Law International), International Secured Transactions (published by Thomson Reuters) and International Banking Law and Regulation (published by Thomson Reuters). Since 1997, she has conducted several labor law seminars and workshops and has been engaged to render extensive HR consultancy work to include compensation and benefits package planning and review, drafting of employment-related contracts, and preparation of HR policies manuals, company rules and regulations, and labor law manuals.
She has recently been qualified as a Certified Information Privacy Manager (CIPM) by the International Association of Privacy Professionals, of which the Firm is a silver member. She has paved the way for the Firm to be the service partner of Straits Interactive Pte Ltd., a regional leader in privacy and operational compliance and leading provider of interactive platform for privacy management.