Summary: CDA Memorandum Circulars (MC) 2025
MC 2025-01 Guidelines on the Progressive Increase of the Restricted Capital for Surety (RCS) Leverage
MC 2025-02 Revised Guidelines on the Submission of Required Reports; Requirements for Issuance, Non-Issuance, Suspension, and Revocation of COC
MC 2025-06 Uniform Procedure for Filing of Surety Bond in CDO Applications and Motions for Writ of Execution Pending Appeal
MC 2025-07 Guidelines for Empowering Micro and Small Cooperatives Through Strategic Partnership with Medium/Large Cooperatives and Cooperative Banks for Increased Participation in the CSF Program
MC 2025-10 Guidelines for Equivalency Certification for Former CDA Officials/Personnel and Cooperative Officers/Leaders with 5+ Years of Training Experience
MC 2025-03 Amendment to Part IV (Miscellaneous) [b] of MC 2004-07: Amended Schedule of Fees and Charges
MC 2025-04 Guidelines Governing the Registration of Logistics Service Cooperatives
MC 2025-05 Guidelines for the Organization and Registration of Memorial Service Cooperatives as a Special Type of Cooperative Organized Among Registered Cooperatives
MC 2025-08 Guidelines on the Establishment of Financial Consumer Protection Assistance Management System (FCPAMS) by CDA-Regulated Entities (CDAREs)
MC 2025-09 Required and Recommended Trainings for Members, Officers, and Staff of Cooperatives
MC 2025-11 Not Available
MC 2025-12 Financial Performance Standards for Cooperatives Engaged in Lending through Enhanced PESOS
What is CISA Law?
The Credit Information System Act Law or popularly known as the “CISA” Law is enacted by the Senate and House of Representatives of the Philippines in Congress assembled on October 31, 2008, under Republic Act No. 9510
“The State recognizes the need to establish a comprehensive and centralized credit information system for the collection and dissemination of fair and accurate information relevant to, or arising from, credit and credit-related activities of all entities participating in the financial system. A credit information system will directly address the need for reliable credit information concerning the credit standing and track record of borrowers.
The operations and services of a credit information system can be expected to: greatly improve the overall availability of credit especially to micro, small and medium-scale enterprises; provide mechanisms to make credit more cost-effective; and reduce the excessive dependence on collateral to secure credit facilities.
The State shall endeavor to have credit information provided at the least cost to all participants and shall ensure the protection of consumer rights and the existence of fair competition in the industry at all times.
An efficient credit information system will also enable financial institutions to reduce their over-all credit risk, contributing to a healthier and more stable financial system.”
- Republic Act No. 9510 - Credit Information System Act (CISA) | Credit Information Corporation
“The Credit Information Corporation (“CIC”) was created by virtue of RA 9510 of the Credit Information System Act of 2008 (“CISA”) to receive and consolidate basic credit
data, to become the central repository of credit information, and to provide access to reliable, standardized information on credit history and financial condition of borrowers.
In order to achieve its mandate, CISA provides that all entities that offer credit facilities or any loan, credit line, guarantee or any other form of financial accommodation must register as a submitting entity of the CIC.”
- Initial Compliance Stage for Submitting Entities | Credit Information Corporation