Regulatory Alerts2022-09-19
Regulation on the Organization of a Special Regulatory Regime
The National Bank of Tajikistan issued this regulation to establish the procedures for implementing a special regulatory regime, allowing credit financial organizations to test new innovative products in a controlled environment. The framework defines the application process, the formation of a working group, and the specific obligations and restrictions imposed on applicants to ensure consumer protection and financial stability. It outlines the stages from preliminary review to final assessment, including the issuance of a no-objection letter for products that meet regulatory standards.
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