CMO No. 7, Series of 2022 revises the Implementing Rules and Regulations (IRR) of Republic Act (RA) No. 8292, also known as the “Higher Education Modernization Act of 1997.” This memorandum updates the IRR originally outlined in CMO No. 03, Series of 2001. The revised IRR provides new guidelines for the governance and management of higher education institutions (HEIs), including changes to accreditation processes, institutional autonomy, and regulatory compliance. The update aims to modernize and streamline regulations to better align with current higher education needs and policies.