ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of August 29, 2019 No. 437

About modification of some decisions of the Government of the Kyrgyz Republic in the field of the non-bank financial market

For the purpose of improvement of quality of audit inspections and reduction in compliance with the Code of the Kyrgyz Republic about violations, the Code of the Kyrgyz Republic about offenses, the Law of the Kyrgyz Republic "About auditor activities", being guided by article 9 of the Law of the Kyrgyz Republic "About regulatory legal acts of the Kyrgyz Republic", articles 10 and 17 of the constitutional Law of the Kyrgyz Republic "About the Government of the Kyrgyz Republic", the Government of the Kyrgyz Republic decides:

1. Bring in the order of the Government of the Kyrgyz Republic "About approval of Provisional regulations for licensing of separate types of activity in the field of the non-bank financial sector" of December 12, 2016 No. 661 the following changes:

in Provisional regulations for the licensing of separate types of activity in the field of the non-bank financial sector approved by the above-stated resolution:

- the fifteenth Item 42 to state the paragraph in the following edition:

"-absence before submission of documents in case of position assignment of the official of the professional participant of the security market of the fact of accountability for making of violation within one year or offense within two years connected with activities in the financial market.";

- the sixteenth Item 46 to state the paragraph in the following edition:

"-absence before submission of documents in case of position assignment of the official of the professional participant of the security market of the fact of accountability for making of violation within one year or offense within two years connected with activities in the financial market.";

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