RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of June 15, 2017 No. 2017-P-12/25-9

About approval of the Provision "About Procedure for Carrying Out Separate Banking Activities by Banks of the Kyrgyz Republic in case of Introduction of the Mode of Temporary Administration or Began Liquidation Procedures"

According to articles 7 and 43 of the Law of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic", the Board of National Bank of the Kyrgyz Republic decides:

1. Approve the Provision "About Procedure for Carrying Out Separate Banking Activities by Banks of the Kyrgyz Republic in case of Introduction of the Mode of Temporary Administration or Began Liquidation Procedures" it (is applied).

2. Recognize to invalid:

- the resolution of Board of National Bank of the Kyrgyz Republic "About the Provision "About Procedure for Carrying Out Separate Banking and Payment Transactions by Banks of the Kyrgyz Republic in case of Introduction of the Procedure of Temporary Management, Preservation and Bankruptcy" of October 26, 2011 No. 60/7;

- Item 39 of appendix to the resolution of Board of National Bank of the Kyrgyz Republic "About modification and amendments in some regulatory legal acts of National Bank of the Kyrgyz Republic" of November 16, 2012 No. 43/1.

3. To legal management:

- publish this resolution on the official site of National Bank of the Kyrgyz Republic;

- after official publication to send this resolution to the Ministry of Justice of the Kyrgyz Republic for entering into the State register of regulatory legal acts of the Kyrgyz Republic.

4. This resolution becomes effective since June 22, 2017.

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