The Credit Information Corporation (CIC) has started preliminary activities forming part of the privacy impact assessment (PIA) required by the Philippine Statistics Authority (PSA) for the Philippine Identification System (PhilSys) ID integration into the Credit Information System (CIS).
The PIA is one of the onboarding requirements of the PSA for the integration, which will be performed on CIC’s data processing systems to ensure compliance with Republic Act 10173 or the Data Privacy Act of 2012 (DPA), and to complete the CIC’s PhilSys Integration and Implementation Plan which is the roadmap for PhilSys integration across all of CIC processes, manuals, and business operations.
The PhilSys ID Integration-PIA project of the CIC comprises six phases.
The CIC has already completed the first two phases of the project covering the submission of the inception report and project plan by the highly technical consultant (HTC), conduct of data privacy awareness to key CIC employees and personnel, as well as the initial mapping of the data processing systems, programs, and services of the CIC that will require identity verification through PhilSys.
The succeeding phases focus on the completion and review of other CIC processes, manuals, and business operations covering PhilSys ID integration thereto.
To ensure its prompt and full compliance with the DPA and PSA’s requirements, the CIC established a Steering Committee and Technical Working Group (TWG) for the PIA project last December 2022, and engaged the services of former chief of the National Privacy Commission’s Compliance and Monitoring Division Rolando Lansigan as the HTC for the project.
“The PhilSys ID integration into the CIS is one of the key priorities of the CIC, as many of our fellow Filipinos, especially the unbanked and underserved, as well as our OFW kababayans abroad – are finding it difficult to comply with the requirement of having multiple government ID to register with financial institutions. This is a roadblock to their access to financial products and services.”
CIC President and CEO Ben Joshua Baltazar
The PhilSys ID Integration-PIA project of the CIC commenced on December 2022 and is expected to be completed by June 2023.
The CIC also previously issued Letter Memorandum No. 2022-02 in April 2022, directing all submitting entities to include in their credit data submission the PhilID Card Number (PCN) of their borrowers, which is the public version of the PSN that may be used for physical and online transactions.
