of October 20, 2020 No. 2020-P-11/61-1-(NPA)
About recognition No. 2020-P-11/60-1-(NPA) which voided resolutions of Board of National Bank of the Kyrgyz Republic "About implementation of cross-border transactions on the SWIFT system and alternative communication channels" of October 12, 2020
Being guided by Articles 17, of 20, 38 and 68 Laws 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. Declare invalid the resolution of Board of National Bank of the Kyrgyz Republic "About implementation of cross-border transactions on the SWIFT system and alternative communication channels" of October 12, 2020 No. 2020-P-11/60-1-(NPA).
2. This resolution becomes effective since October 21, 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 banking supervision 2 to bring this resolution to the attention of OYuL "Union of Banks of Kyrgyzstan" and commercial banks.
5. To department of development of state language and document flow to bring this resolution to the attention of the relevant structural divisions, regional managements and representative office of National Bank in Batken Province.
6. To impose control of execution of this resolution on the board member of the National Bank of the Kyrgyz Republic supervising the supervising block.
Chairman of National Bank of the Kyrgyz Republic
T. Abdygulov
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