It is registered
Ministry of Justice
Kyrgyz Republic
On February 1, 2005 No. 16-05
of December 29, 2004 No. 36/13
About approval of the Instruction "About procedure for observance of limits of open foreign exchange position and open line item in precious metals commercial banks in the territory of the Kyrgyz Republic"
Having considered the draft of the Instruction "About procedure for observance of limits of open foreign exchange position by commercial banks in the territory of the Kyrgyz Republic", being guided by Articles 7, 43 Laws of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic", the Board of National Bank of the Kyrgyz Republic decides:
1. Approve the Instruction "About procedure for observance of limits of open foreign exchange position and open line item in precious metals by commercial banks in the territory of the Kyrgyz Republic" it (is applied).
2. To management of methodology of supervision and licensing together with Legal department in accordance with the established procedure to carry out state registration of this resolution in the Ministry of Justice of the Kyrgyz Republic.
3. Enact this resolution from the moment of state registration in the Ministry of Justice of the Kyrgyz Republic and the subsequent official publication.
4. From the moment of enforcement of this resolution to declare invalid the resolution of Board of NBKR No. 18/5 of July 21, 2004. "About approval of the Instruction "About procedure for maintaining limits of open foreign exchange position of commercial banks in the territory of the Kyrgyz Republic", registered in the Ministry of Justice of the Kyrgyz Republic for No. 88-04 of August 3, 2004.
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