One of the functions of the Authority is the Regulatory Services.  Under this Regulatory Services is Monitoring.  The Monitoring Function is lodged to the Regulation Division of the Authority.  The Central Office and 16 Extension Offices have their own Regulation Section.  The functions of the said units among others, are the following:

  • Develops, reviews and enhances regulatory standards, tools and other benchmarks to guide objective assessment of cooperative performance;Monitors the implementation of regulatory policies, guidelines, rules, regulation, orders and other issuances of the Authority;
  • Monitors the performance of cooperatives through reports, feedbacks and information gathered from inspections and examinations to ensure its safe and sound operations;
  • Requires all cooperatives of all types and categories to submit annually the required reports including the Annual Tax Incentive Report Form (Annex A), other documents and information and ensures compliance hereof;
  • Recommends the issuance of Certificate of Compliance (COC) upon evaluation of the documentary requirements submitted and other information;
  • Acts as custodian of the required, inspection, investigation, examination reports, other pertinent documents and copy of Certificate of Compliance (COC) issued to cooperatives;
  • Conducts Examination/Investigation in the following:
  • When the inspection yields findings that warrant subsequent examination;
  • Upon a written complaint from any interested parties or upon a written complaint from any member or officer of a cooperative or any party in interest involving any irregularity or anomaly committed in the cooperative;
  • Upon a directive/request from other government agencies;
  • Analyzes the inspection reports submitted to guide the Institutional Development Department (IDD) and Cooperative Surety Fund Department (CSF), in the formulation of intervention program for cooperatives.
  • Recommends provision of appropriate intervention/assistance to cooperative when necessary; and
  • Recommends imposition of sanctions and/or remedial intercession for violations committed by cooperatives