Regulatory Alerts2018-11-10 | 35/10Added · Updated
On Introducing Amendments to the Regulation on the Procedure for Conducting Audit Checks in Microcredit Organizations
This decision introduces amendments and additions to the Rules on Carrying Out Financial Operations by Microcredit Organizations. Paragraph 2 is revised to specify the amount, terms, payment, and full cost of microfinancial services, while Paragraph 15 is expanded to include insurance organizations alongside banks. The act entered into force upon official publication and was later invalidated on August 8, 2021, pursuant to a subsequent Central Bank Board resolution.
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