Regulatory Alerts2022-12-28 | 112508Policy and Basic Principles of Antimonopoly Regulation, Competition Development, and Consumer Protection in the Banking Services Market of the Kyrgyz Republic
The National Bank of the Kyrgyz Republic issued this policy to regulate antimonopoly practices, foster competition, and protect consumers within the banking services market. It defines prohibited behaviors such as abuse of dominant position, unfair competition, and anti-competitive agreements among financial credit organizations and payment system operators. The document outlines the National Bank's supervisory functions, enforcement powers, and mechanisms for monitoring compliance and imposing sanctions on regulated entities.
Share