Regulatory Alerts2020-12-23 | 129685Rules for Regulating the Activities of Credit Bureaus in the Kyrgyz Republic
The National Bank of the Kyrgyz Republic issued these Rules to regulate credit bureau operations, mandating strict data security, accuracy, and transparency standards. The document defines key terminology, outlines permissible business activities, and requires credit bureaus to maintain their information systems within Kyrgyzstan while conducting regular IT audits. It further establishes comprehensive obligations for information protection, including physical security, access control, and incident management to safeguard credit histories and self-ban records.
Share