Regulatory Alerts2025-10-31 | 128789Regulation on Minimum Requirements for the Anti-Fraud System Against Internal and External Fraud in Payment Organizations/Payment System Operators of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic issued this Regulation to establish minimum requirements for anti-fraud systems in payment organizations and payment system operators. It mandates the implementation of risk assessment mechanisms, policy documentation, technical controls, and real-time monitoring to mitigate both internal and external fraud across remote service channels. Furthermore, it defines risk categorization, client notification procedures, identifier registry management, and quarterly effectiveness reporting to ensure operational resilience and customer protection.
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