RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of March 2, 2005 No. 4/1

About approval of Policy and the basic principles of anti-monopoly regulation, development of the competition and consumer protection in the market of the banking services of the Kyrgyz Republic rendered by the commercial banks, non-bank financial credit institutions, operators of payment systems and payment institutes, other legal entities licensed and regulated by National Bank of the Kyrgyz Republic

Having considered the project of Policy and the basic principles of anti-monopoly regulation, development of the competition and consumer protection in the market of the banking services of the Kyrgyz Republic rendered by the commercial banks and other financial credit institutions licensed and regulated NBKR, being guided by article 7 of the Law of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic", item 4 of article 7 of the Law of the Kyrgyz Republic "About banks and banking activity", the Board of National Bank of the Kyrgyz Republic decides:

1. Approve Policy and the basic principles of anti-monopoly regulation, development of the competition and consumer protection in the market of the banking services of the Kyrgyz Republic rendered by the commercial banks, non-bank financial credit institutions, operators of payment systems and payment institutes, other legal entities licensed and regulated by National Bank 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. This resolution becomes effective from the moment of official publication after state registration in the Ministry of Justice of the Kyrgyz Republic.

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