RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of August 21, 2019 No. 2019-P-33/43-6-(NFKU)

About approval of the Provision "About the Minimum Requirements to the Organization of Internal Control in the Microfinancial Organizations, Credit Unions and Specialized Financial Institutions of the Kyrgyz Republic for the purpose of Counteraction to Financing of Terrorist Activities and to Legalization (Washing) of the Criminal Income"

According to articles 20 and 68 of the Law of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic, banks and banking activity" the Board of National Bank of the Kyrgyz Republic decides:

1. Approve the Provision "About the Minimum Requirements to the Organization of Internal Control in the Microfinancial Organizations, Credit Unions and Specialized Financial Institutions of the Kyrgyz Republic for the purpose of Counteraction to Financing of Terrorist Activities and to Legalization (Washing) of the Criminal Income" it (is applied).

2. Recognize to invalid:

- the resolution of Board of National Bank of the Kyrgyz Republic "About approval of the Provision "About the Minimum Requirements to the Organization of Internal Control in the Microfinancial Organizations and Credit Unions for the purpose of Counteraction of Legalization (Washing) of the Criminal Income and to Financing of Terrorist or Extremist Activities" of February 14, 2007 No. 7/2";

- Item III 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 October 14, 2009 No. 41/3;

- the paragraph third Item 1 of 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 April 10, 2013 No. 11/2;

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info