RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of December 26, 2025 No. 2025-P-12/70-6-(PS)

About modification of some regulatory legal acts of National Bank of the Kyrgyz Republic concerning counteraction to financing of criminal activities and to legalization (washing) of the criminal income

According to Articles 5, "About National Bank of the Kyrgyz Republic" the Board of National Bank of the Kyrgyz Republic decides 9 and 64 constitutional Laws of the Kyrgyz Republic:

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

1) "About approval "Rules of implementation of money transfers on money transfer systems in the Kyrgyz Republic" of July 15, 2009 No. 30/6;

2) "About approval of the Provision "About the Main Requirements to Activities of Commercial Banks in case of the Conclusion of the Agency Agreement on Provision of Banking Retail Services" of May 26, 2010 No. 36/7;

3) "About approval of the Provision "About the Minimum Requirements on Provision of Remote/remote Servicing in the Kyrgyz Republic" of April 15, 2015 No. 22/3;

4) "About approval of "Policy on supervision (oversight) of payment system of the Kyrgyz Republic" of July 15, 2015 No. 38/4;

5) "About approval of the Provision "About Bank Payment Cards in the Kyrgyz Republic" of December 9, 2015 No. 76/8;

6) "About approval of the Provision "About Grossovy Settlement System in Real Time in the Kyrgyz Republic" of December 9, 2015 No. 76/6;

7) "About approval of the Provision "About Licensing of Activities of Payment Institutes and Operators of Payment Systems" of September 2, 2019 No. 2019-P-14/46-1-(PS);

8) "About approval of the Provision "On Regulation of Activities of Payment Institutes and Operators of Payment Systems" of September 30, 2019 No. 2019-P-14/50-2-(PS);

9) "About approval of the Provision "About the Corrective Actions Applied to Operators of Payment Systems / to Payment Institutes" of September 30, 2019 No. 2019-P-14/50-3-(PS);

10) "About approval "Rules of carrying out payments and transfers with use of two-dimensional symbols of barcode (QR code)" of December 11, 2019 No. 2019-P-14/62-5-(PS);

11) "About approval of the Provision "About the Minimum Requirements to the Organization of Internal Control in Payment Institutes and Operators of Payment Systems for the purpose of Counteraction to Financing of Terrorist Activities and to Legalization (Washing) of the Criminal Income" of August 19, 2020 No. 2020-P-14/46-4-(PS);

12) "About approval of "Rules of implementation of supervision (oversight) behind payment system of the Kyrgyz Republic" of October 13, 2021 No. 2021-P-14/56-1-(PS);

13) "About approval of the Provision "About Electronic Money in the Kyrgyz Republic" of April 20, 2022 No. 2022-P-14/25-3-(PS);

14) "About approval of the Provision "On Regulation of Access to Financial Services through Financial Platforms (Marketpleys) with Use of Open Program Interfaces in the Kyrgyz Republic" of June 2, 2022 No. 2022-P-14/35-3-(NPA);

15) "About approval "Procedure for provision of services, connected with virtual assets" of February 3, 2023 No. 2023-P-14/8-2-(NPA).

2. To legal management:

- from the date of receipt of the relevant documents within 3 (three) working days to 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 15 (fifteen) days from the date of official publication.

4. To management of methodology of supervision from the date of official publication of this resolution within 3 (three) working days to bring it to the attention of commercial banks of the Kyrgyz Republic, payment institutes and operators of payment systems of the Kyrgyz Republic, Consolidation of legal entities "The union of banks of Kyrgyzstan", Associations of legal entities "Association of operators of KG (KEY-DZHI) payment service providers".

5. To department "Secretariat of Board" within 3 (three) working days from the date of adoption of this resolution to bring it to the attention of all structural divisions, regional managements and Representative office of National Bank of the Kyrgyz Republic in Batken Province.

6. To impose control of execution of this resolution on the board member of the National Bank of the Kyrgyz Republic supervising management of methodology of supervision.

Appendix

to the Resolution of Board of National Bank of the Kyrgyz Republic of December 26, 2025 No. 2025-P-12/70-6-(PS)

About modification of some regulatory legal acts of National Bank of the Kyrgyz Republic concerning counteraction to financing of criminal activities and to legalization (washing) of the criminal income

1. Bring in the resolution of Board of National Bank of the Kyrgyz Republic "About approval of Rules of implementation of money transfers on money transfer systems in the Kyrgyz Republic" of July 15, 2009 No. 30/6 the following changes:

In Rules of implementation of the money transfers on money transfer systems in the Kyrgyz Republic approved by the above-stated resolution:

The second Item 1.6-1 the word "terrorist" to replace 1) in the paragraph with the word "criminal";

The paragraph third Item 3.1-4 to declare 2) invalid;

To add 3) with Item 3.1-7 of the following content:

"3.1-7. The National Bank has the right to refuse registration of operator of the international money transfer system in the following cases:

- by provision of the doubtful documents which are not conforming to the established requirements for registration and/or by provision of incomplete document package of 2 (two) and more times;

- the applicant is registered in the territory of offshore zones;

- the applicant is registered in the country included in the list of the high risk countries created by body of financial investigation (or authorized body).

The National Bank sends at the scheduled time the operator of the international money transfer system the letter on refusal to registration with indication of cause of failure.";

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