RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of October 30, 2019 No. 2019-P-12/54-3-(NPA)

About modification and amendments in some regulatory legal acts of National Bank of the Kyrgyz Republic

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. Make changes and additions to the following resolutions of Board of National Bank of the Kyrgyz Republic (are applied):

- "About approval  of the Provision "About the Economic Standard Rates and Requirements Obligatory for Accomplishment of the Kyrgyz Republic by Commercial Banks" of July 21, 2004 No. 18/1";

- "About approval  of the Provision "About Corporate Management in Commercial Banks of the Kyrgyz Republic" of May 17, 2017 No. 19/12";

- "About approval  of the Provision "About the Minimum Requirements on Market Risk Management in the Commercial Banks and Other Financial Credit Institutions Licensed by National Bank of the Kyrgyz Republic" of June 28, 2006 No. 19/2".

2. This resolution becomes effective since January 1, 2020.

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 entering into the State register of regulatory legal acts of the Kyrgyz Republic.

4. To management of methodology of supervision and licensing of banks to bring this resolution to the attention of OYuL "Union of Banks of Kyrgyzstan", commercial banks, National bank of development of the Kyrgyz Republic, all structural divisions, regional managements, representative offices of National Bank in Batken Province.

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