ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of January 30, 2020 No. 43

About modification of some decisions of the Government of the Kyrgyz Republic concerning the non-bank financial market

For the purpose of elimination of collisions and gaps in the legislation of the Kyrgyz Republic in the field of the non-bank financial market, according to articles 10 and 17 of the constitutional Law of the Kyrgyz Republic "About the Government of the Kyrgyz Republic" the Government of the Kyrgyz Republic decides:

1. Bring in the order of the Government of the Kyrgyz Republic "About approval of the Regulations on carrying out qualification certification of applicants for the right of receipt of the certificate of competency of the professional participant of the security market" of September 1, 2011 No. 526 the following change:

in Regulations on the carrying out qualification certification of applicants for the right of receipt of the certificate of competency of the professional participant of the security market approved by the above-stated resolution:

- Chapter 1 in paragraph four the word "questionnaire" shall be replaced with words "the original of the questionnaire".

2. Bring in the order of the Government of the Kyrgyz Republic "About approval of Provisional regulations for licensing of separate types of activity in the field of the non-bank financial sector" of December 12, 2016 No. 661 the following changes:

The word "sectors" to replace 1) in the name of the resolution with the word of "market";

2) in Provisional regulations for the licensing of separate types of activity in the field of the non-bank financial sector approved by the above-stated resolution:

- in the name to replace the word "sectors" with the word of "market";

- in Items 1 and 2 to replace the word "sectors" with the word of "market";

- in Item 7-2:

a) in paragraph eight to exclude the word of "founder";

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