Regulatory Alerts2014-05-30 | 133443Added · Updated
Regulation on the Periodic Regulatory Report of a Microcredit Company/Microcredit Agency
This regulation establishes the unified form, content, and submission procedures for the periodic regulatory report (PRR) required from all microcredit companies and microcredit agencies in Kyrgyzstan, including those operating under Islamic finance principles. It mandates quarterly submissions within 20 calendar days following the reporting quarter and annual submissions by February 1 of the subsequent year, detailing financial status, income, credit portfolio, and compliance with economic standards. The document assigns responsibility for data accuracy to designated employees and executive heads, requiring reports to be submitted in both paper and electronic formats to the National Bank of Kyrgyzstan or its regional branches.
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