Regulatory Alerts2022-09-19
Procedure for Accounting and Transfer of Electronic Money
The National Bank of Tajikistan issued this regulation to establish requirements for payment service providers regarding the accounting and transfer of electronic money. It mandates strict identification procedures, limits balances on identified wallets, and prohibits transactions involving unidentifiable senders or cross-border transfers to non-compliant jurisdictions. Operators are further required to maintain comprehensive risk management systems, retain records for at least five years, and report all operational incidents to the central bank within one business day.
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