7. The IRR provides the criteria for satisfying reciprocity requirements.

 RA 11659 provides that foreign nationals are allowed to own more than 50% of
capital in public services engaged in the operation and management of critical
infrastructure, but only if the country of such foreign nationals accords reciprocity
to Philippine nationals under foreign law or a treaty. Reciprocity may be satisfied
by according rights of similar value in other economic sectors for this purpose, and
the NEDA shall promulgate rules and regulations in relation to reciprocity
requirements.
 The IRR provides that reciprocity requirements are deemed satisfied if: (a)
Philippine nationals are allowed to own more than 50% of capital stock in any
activity related to agriculture, industry and services in the home country of the
foreign national; and (b) the home country of the foreign national allows Philippine
nationals to invest the same value of capital in any economic activity related to
agriculture, industry or services.
 In case an investment results in the ownership by a foreign national of more than
50% of the capital stock in critical infrastructure services, such entity and the
relevant administrative agency should ensure that the country of the foreign
national accords reciprocity to Philippine nationals.

8. The IRR requires information security certification for retention of franchise.

 Except for micro, small, and medium enterprises (MSMEs), persons and
companies engaged in the telecommunications business shall obtain and maintain
certifications from an accredited certification body attesting to compliance with
relevant ISO standards on information security, as prescribed by the Department
of Information and Communications Technology. The maintenance of these
certifications shall be a continuing qualification for retention of franchise or other
authority to operate.