Regulatory Alerts2021-12-01 | 105791Added · Updated
Regulation on Requirements for the Chart of Accounts of Payment System Operators/Payment Organizations
The National Bank of the Kyrgyz Republic issued this Regulation to establish mandatory requirements for the chart of accounts used by payment system operators and payment organizations. It mandates a structured, IFRS-aligned account classification with specific balance sheet and off-balance sheet sections, hierarchical numbering, and clear debit/credit rules for permanent and temporary accounts. The document further requires PSO/PO heads to ensure legislative compliance, allows the introduction of additional account groups with reporting obligations, and standardizes financial statement preparation.
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