RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of June 15, 2017 No. 2017-P-12/25-2

About approval of the Regulations on the minimum requirements to external audit of the banks and other financial credit institutions licensed by National Bank of the Kyrgyz Republic

According to articles 7 and 43 of the Law of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic" the Board of National Bank of the Kyrgyz Republic decides:

1. Approve Regulations on the minimum requirements to external audit of the banks and other financial credit institutions licensed by National Bank of the Kyrgyz Republic it (is applied).

2. Recognize invalid:

- the resolution of Board of National Bank of the Kyrgyz Republic "About the Provision "About the Minimum Requirements to External Audit of the Banks and Financial Credit Institutes Licensed by National Bank of the Kyrgyz Republic" of July 14, 2005 No. 22/2;

- the resolution of Board of National Bank of the Kyrgyz Republic "About introduction of amendments to the resolution of Board of National Bank of the Kyrgyz Republic "About the Provision "About the Minimum Requirements to External Audit of the Banks and Other Financial Credit Institutes Licensed by National Bank of the Kyrgyz Republic" of July 14, 2005 No. 22/2" of June 27, 2008 No. 25/7;

- the resolution of Board of National Bank of the Kyrgyz Republic "About entering of amendments into the resolution of Board of National Bank of the Kyrgyz Republic of July 14, 2005 No. 22/2 "About the Provision "About the Minimum Requirements to External Audit of the Banks and Other Financial Credit Institutes Licensed by National Bank of the Kyrgyz Republic", registered in the Ministry of Justice of the Kyrgyz Republic of August 12, 2005, registration number 102-05" of October 28, 2009 No. 43/6;

- the resolution of Board of National Bank of the Kyrgyz Republic "About modification and amendments in the resolution of Board of National Bank of the Kyrgyz Republic of July 14, 2005 No. 22/2 "About the Provision "About the Minimum Requirements to External Audit of the Banks and Financial Credit Institutes Licensed by National Bank of the Kyrgyz Republic", registered in the Ministry of Justice of the Kyrgyz Republic on August 12, 2005, registration number 102-5" of February 24, 2010 No. 3/7;

- in the resolution of Board of National Bank of the Kyrgyz Republic "About modification and amendments in some regulatory legal acts of National Bank of the Kyrgyz Republic" of November 16, 2012 No. 43/1:

Item 15 of Appendix to the above-stated resolution;

- the resolution of Board of National Bank of the Kyrgyz Republic "About modification and amendments in the resolution of Board of National Bank of the Kyrgyz Republic of July 14, 2005 No. 22/2 "About the Provision "About the Minimum Requirements to External Audit of the Banks and Other Financial Credit Institutes Licensed by National Bank of the Kyrgyz Republic", registration number of the Ministry of Justice of the Kyrgyz Republic of August 12, 2005 No. 102-05" of March 27, 2013 No. 9/11;

- in the resolution of Board of National Bank of the Kyrgyz Republic "About modification and amendments in some resolutions of Board of National Bank of the Kyrgyz Republic" of February 10, 2016 No. 7/2:

paragraph of 21 Items 1;

Item 20 of Appendix to the above-stated resolution;

- the resolution of Board of National Bank of the Kyrgyz Republic "About modification and amendments in the resolution of Board of National Bank of the Kyrgyz Republic "About the Provision "About the Minimum Requirements to External Audit of the Banks and Financial Credit Institutes Licensed by National Bank of the Kyrgyz Republic" of July 14, 2005 No. 22/2" of May 25, 2016 No. 20/6.

3. This resolution becomes effective on June 22, 2017.

4. To legal management:

- publish this resolution on the official site 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.

5. To management of methodology of supervision and licensing to bring this resolution to the attention of commercial banks, microfinance companies, OYuL "Union of Banks of Kyrgyzstan", JSC Finance Company of Credit Unions, regional managements and representative office of National Bank of the Kyrgyz Republic in Batken Province.

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