Data Privacy

MMCFCC DATA PRIVACY CONSENT FOR MEMBERS 

I agree that my membership with MMCFCC be bound by the provisions of these terms.

  1. I hereby agree that all Personal Data (as defined under Republic Act 10173, otherwise known as The Data Privacy Act of 2012 and its implementing rules and regulations), member data and account or transaction information or records (collectively, the “Information”) relating to my membership with MMCFCC  may be processed, profiled or shared to, as needed, by and between MMCFCC and Cooperative Development Authority as the governing body of all cooperatives in the Philippines.
  1. I agree that the Data Statement in force shall in all respects apply in relation to my membership, account and any matter arising therefrom or incidental thereto. I agree that the Data Statement is deemed to be incorporated by reference into this Consent.
  1. I understand and agree that I must provide MMCFCC with such information as may be required to enable MMCFCC to comply with any law or regulation, government requirement, treaty, agreement or policy or as required by or for the purpose of any court, legal process, examination, inquiry, audit or investigation of any Authority.
  1. I agree that MMCFCC may use my Personal Data and other Information for automated processing and automated decision-making in connection with the prospecting, application, establishment, maintenance, renewal, reissuance, collection, cancellation and closure of my account/s.
  1. These provisions shall be in addition to, and not in substitution for, any other provision agreed to with MMCFCC.

DATA PRIVACY STATEMENT 

This Data Privacy Statement (“Data Statement”) is applicable to all persons who have established or propose to establish an account and/or relationship with, and/or who have provided or propose to provide a guarantee or third-party security (the “Data Subject”) to MMCFCC. This Data Statement has been prepared by MMCFCC in connection with the Data Privacy Law of 2012 and its implementing rules and regulations (the “DPA”). Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the DPA. To the extent that any similar agreement and consent involving the data and information of the Data Subject are required under Philippine bank secrecy laws and regulations, this Data Statement is applicable for such purpose.