Regulatory Alerts2014-05-30 | 123526Regulation on the Periodic Regulatory Report of a Microcredit Company/Microcredit Agency
The National Bank of the Kyrgyz Republic issued this regulation to establish the unified form, content, and submission procedures for periodic regulatory reports required from all microcredit companies and agencies. The document mandates that these entities provide quarterly and annual financial data, including specific disclosures for Islamic finance operations, to ensure accurate monitoring of their financial stability and compliance. It further defines submission channels, deadlines, and the legal liability for inaccurate or late reporting by designated responsible officers.
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