Regulatory Alerts2026-07-16 | 133034Added · Updated
Instruction on Conducting Inspector Checks of Payment System Operators and Payment Organizations
This Instruction establishes the procedures for the National Bank of the Kyrgyz Republic to conduct external remote supervision and inspector checks of licensed payment system operators and payment organizations. It defines the powers of curators and inspection groups to request information, access premises and automated systems, and conduct audio or video recordings during interactions. Inspector checks are categorized as comprehensive or targeted, with a maximum duration of 60 working days, and may be initiated with or without prior notification based on specific risk indicators or violations. The document mandates that supervised organizations provide timely access to documents, personnel, and workspaces to facilitate these supervisory activities.