Summary
RMC No. 151-2022 circularizes the Updated List of Microfinance Non-Government Organizations (NGOs) accredited by the Microfinance NGO Regulatory Council (MNRC) as of November 2022.
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Key points
- Validity of accreditation. Under the IRR of Republic Act No. 10693 (Microfinance NGOs Act), a Certificate of Accreditation is valid for three (3) years from issuance, unless the MNRC revokes it earlier.
- Revoked and expired certificates. The list includes certificates revoked effective April 29, 2022 and June 1, 2022, and expired effective June 14, 2022, with reference to RMC No. 144-2022. It also includes a certificate revoked effective October 26, 2022.
Who is affected
- Accredited Microfinance NGOs
Deadlines and effectivity
- List as of November 2022
- Accreditation valid for three (3) years from issuance
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.