Summary
RMC No. 74-2022 circularizes the Updated List of Microfinance NGOs accredited by the Microfinance NGO Regulatory Council (MNRC) as of May 2022.
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Key points
- Accreditation validity. Under the IRR of RA No. 10693 (Microfinance NGOs Act), a Certificate of Accreditation is valid for three (3) years from issuance unless the MNRC revokes it earlier.
- Revoked accreditations. The list includes MF-NGO Certificates of Accreditation revoked by the MNRC effective April 29, 2022, referring to RMC Nos. 50-2022 and 69-2022.
Who is affected
- Accredited Microfinance NGOs
Deadlines and effectivity
- List as of May 2022
- Accreditation valid for three (3) years from issuance
- Revocations effective April 29, 2022
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.