RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of September 30, 2019 No. 2019-P-14/50-3-(PS)

About approval of the Provision "About the Corrective Actions Applied to Operators of Payment Systems / to Payment Institutes"

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 Corrective Actions Applied to Operators of Payment Systems / to Payment Institutes" it (is applied).

2. Recognize invalid the following resolutions of Board of National Bank of the Kyrgyz Republic:

- "About approval of the Provision "About the Corrective Actions Applied to Operators of Payment Systems / to Payment Institutes" of December 28, 2016 No. 51/1;

- "About modification and amendments in the resolution of Board of National Bank of the Kyrgyz Republic "About approval of the Provision "About the Corrective Actions Applied to Operators of Payment System / to Payment Institutes" of December 28, 2016 No. 51/1" of June 8, 2017 No. 2017-P-14/23-12-(PS).

3. To legal management:

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

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

4. This resolution becomes effective after fifteen days from the date of official publication.

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