RMC No. 50-2022: Circularizes the Updated List of Accredited Microfinance Non-Government Organizations

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Summary

RMC No. 50-2022 circularizes the Updated List of Microfinance NGOs Accredited by the Microfinance NGO Regulatory Council (MNRC) as of April 2022.

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Key points

  1. List published. The Circular publishes the attached Updated List of Microfinance NGOs accredited by the MNRC as of April 2022.
  2. Validity of accreditation. Under the Implementing Rules and Regulations of RA No. 10693 (Microfinance NGOs Act), a Certificate of Accreditation is valid for three (3) years from the date of issuance, unless the MNRC revokes it earlier.

Who is affected

  • Microfinance NGOs accredited by the MNRC

Deadlines and effectivity

  • Certificate of Accreditation valid for three (3) years from the date of issuance

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

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