of November 16, 2017 No. 2017-P-14/48-3-(PS)
About approval of the Provision "About Emergency Situations in Payment System"
According to articles 20 and 68 of the Law of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic, banks and banking activity", article 26 of the Law of the Kyrgyz Republic "About payment system of the Kyrgyz Republic", the Board of National Bank of the Kyrgyz Republic decides:
1. Approve the Provision "About Emergency Situations in Payment System" it (is applied).
- the resolution of Board of National Bank of the Kyrgyz Republic "About approval of the Provision "About the Main Requirements to Functioning of Payment System of the Kyrgyz Republic in case of Emergence of Emergency Situations in Payment System" of January 28, 2009 No. 4/6;
- in the resolution of Board of National Bank of the Kyrgyz Republic "About modification and amendments in some regulatory legal acts and recognition voided some regulatory legal acts of National Bank of the Kyrgyz Republic" of June 8, 2017 No. 2017-P-14/23-11-(PS):
- paragraph of the sixth of Item 1 of the resolution;
- Item 5 of Appendix to the resolution.
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 inclusion in the State register of regulatory legal acts of the Kyrgyz Republic.
4. This resolution becomes effective since January 1, 2018.
5. To department of development of official 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 management of payment systems to bring this resolution to the attention of commercial banks, operators of payment systems and payment institutes of the Kyrgyz Republic and operators of international payment systems.
7. To impose control of execution of this resolution on the vice-chairman of National Bank Kyrgyz Republics Orozbayeva L.Dzh.
Chairman of the board of National Bank of the Kyrgyz Republic
K. Kulmatov
1. The provision "About Emergency Situations in Payment System" (further - the Provision) determines the basic concepts and requirements to functioning of payment system of the Kyrgyz Republic and actions of personnel in case of the emergency situations in payment system connected with:
- reliability and uninterruptedness;
- availability;
- unauthorized access to system and fraud;
- force majeur circumstances.
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The document ceased to be valid since September 21, 2019 according to Item 2 of the Order of the Government of the Kyrgyz Republic of September 2, 2019 No. 2019-P-14/46-2-(PS)