Regulatory Alerts | 112866Regulation on Requirements for the Preparation, Publication and Submission to the National Bank of the Kyrgyz Republic of Financial Statements of Payment System Operators/Payment Organizations
The National Bank of the Kyrgyz Republic issued this Regulation to establish uniform requirements for the preparation, publication, and submission of financial statements by payment system operators and payment organizations. It mandates compliance with International Financial Reporting Standards, specifies the required components for annual and quarterly reports, and sets strict submission deadlines of April 1 for annual statements and the 25th day following each quarter for quarterly reports. Furthermore, it outlines consolidated reporting obligations, audit frequency requirements based on enterprise size and regulatory status, and publication mandates to ensure transparency for stakeholders and the central bank.
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