Regulatory Alerts2018-06-20 | 120666Instruction on the Implementation of Banking Supervision
The National Bank of the Kyrgyz Republic issues this Instruction to establish the legal framework and operational procedures for banking supervision, including risk-oriented oversight and on-site inspections. It mandates that supervised entities, such as commercial banks and microfinance companies, provide unrestricted access to data, infrastructure, and personnel while maintaining strict record-keeping and reporting obligations. The document defines the scope, frequency, and methodologies for both comprehensive and targeted inspections to ensure financial stability, regulatory compliance, and effective risk management within the banking sector.
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