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RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of April 22, 2020 No. 2020-P-33/24-2-(NFKU)

About modification of some regulatory legal acts of National Bank of the Kyrgyz Republic

According to articles 20 and 68   of the Law of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic, banks and banking activity" the Board of National Bank of the Kyrgyz Republic decides:

1. Make changes to the following resolutions of Board of National Bank of the Kyrgyz Republic (are applied):

- "About approval of "The instruction about procedure for observance of limits of open foreign exchange positions by microfinance companies" of May 30, 2014 No. 24/8;

- "About approval of "The instruction about procedure for observance of limits of open foreign exchange positions by credit unions" of May 30, 2014 No. 24/9.

2. 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.

3. This resolution becomes effective after fifteen days from the date of official publication.

4. To management of supervision of non-bank financial credit institutions to bring this resolution to the attention of microfinance companies of the Kyrgyz Republic, OYuL "Association of the Microfinancial Organizations", OYuL "National Association of Credit Unions and Cooperatives of the Kyrgyz Republic".

5. To impose control of execution of this resolution on the board member of the National Bank of the Kyrgyz Republic supervising Management of supervision of non-bank financial credit institutions.

Chairman of the board of National Bank of the Kyrgyz Republic

T. Abdygulov

 

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