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ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of March 29, 2017 No. 185

About approval of the Regulations on types, conditions of release and the circulation of derivative securities, and also requirements to their underlying asset in the Kyrgyz Republic

(as amended of the Order of the Government of the Kyrgyz Republic of 30.07.2019 No. 377)

According to article 3 of the Law of the Kyrgyz Republic "About the security market", 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. Approve Regulations on types, conditions of release and the circulation of derivative securities, and also requirements to their underlying asset in the Kyrgyz Republic according to appendix.

2. To impose control of execution of this resolution on department of finance and credit policy of Government office of the Kyrgyz Republic.

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

Prime Minister

S. Zheenbekov

Appendix

Regulations on types, conditions of release and the circulation of derivative securities, and also requirements to their underlying asset in the Kyrgyz Republic

1. General provisions

This Regulations on types, conditions of release and the circulation of derivative securities, and also requirements to their underlying asset in the Kyrgyz Republic (further - the Provision) establish main types of derivative securities, conditions of their release and the address, and also the requirement to their underlying asset.

1. In this Provision the following concepts are used:

underlying asset - the standardized batches, securities, currency and financial instruments;

the warrant - the security granting the right to purchase of other securities in case of their primary placement at determined price and sold by the issuer of these securities;

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