Regulatory Alerts2019-12-27 | 112421Regulation on Minimum Requirements for Liquidity Risk Management of Commercial Banks of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic issued this regulation to establish mandatory minimum requirements for liquidity risk management applicable to all commercial banks, including those operating under Islamic banking principles. The document mandates that bank Boards of Directors define risk appetite and oversee liquidity strategy, while Management implements monitoring systems, stress testing, and early warning indicators to ensure solvency during normal and stressed conditions. It further requires robust internal controls, independent audits, and reliable information systems to measure, report, and mitigate liquidity risks effectively.
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