Resolution of the Board of the National Bank of the Kyrgyz Republic No. 30/10 of June 13, 2007 on Amendments and Additions to the Regulation on the Activities of Pawnshops

LOST FORCE

in accordance with Resolution of the Board of the National Bank of the Kyrgyz Republic

from October 14, 2009 No. 41/5

Registered in the Ministry of Justice of the Kyrgyz Republic

July 13, 2007. Registration number 70-07

Bishkek

from June 13, 2007 No. 30/10

RESOLUTION OF THE BOARD OF THE NATIONAL BANK

OF THE KYRGYZ REPUBLIC

On Amendments and Additions to the Resolution

of the Board of the National Bank of the Kyrgyz Republic

of February 19, 2003 No. 4/3 "On the Regulation

"On the Activities of Pawnshops in the Territory

of the Kyrgyz Republic"

Having reviewed the draft amendments and additions to the Resolution of the Board

of the National Bank of the Kyrgyz Republic of February 19, 2003 No. 4/3

"On the Regulation "On the Activities of Pawnshops in the Territory of the Kyrgyz Re-public",

registered in the Ministry of Justice of the Kyrgyz Republic

March 25, 2003, registration number 36-03, guided by the articles

4, 7 and 43 of the Law of the Kyrgyz Republic "On the National Bank of the Kyrgyz Republic",

the Board of the National Bank of the Kyrgyz Republic resolves:

1. Approve the attached amendments and additions to the Resolution

of the Board of the National Bank of the Kyrgyz Republic of February 19, 2003

No. 4/3 "On the Regulation "On the Activities of Pawnshops in the Territory of the Kyrgyz

Republic", registered in the Ministry of Justice of the Kyrgyz Republic on March 25, 2003, registration number 36-03 (attached).

2. The Methodology and Licensing Supervision Directorate together with

the Legal Department to carry out in the established order the state

registration of this Resolution in the Ministry of Justice of the Kyrgyz

Republic.

3. This Resolution enters into force from the moment of official

publication after state registration in the Ministry of Justice of the

Kyrgyz Republic.

4. After publication of the registered normative act, the

Legal Department to inform the Ministry of Justice of the Kyrgyz

Republic about the source of publication (name of the edition, its number and date).

5. Control over the implementation of this Resolution is assigned to

the Deputy Chairman of the Board of the National Bank of the Kyrgyz Republic

Bokonbaev K.K.

Chairman of the Board of the National Bank

of the Kyrgyz Republic M. Alapaev

Approved

Resolution of the Board

of the National Bank

of the Kyrgyz Republic

of June 13, 2007 No. 30/10

AMENDMENTS AND ADDITIONS

to the Resolution of the Board of the National Bank

of the Kyrgyz Republic of February 19, 2003 No. 4/3

"On the Regulation "On the Activities of Pawnshops in the Territory

of the Kyrgyz Republic", registered in the Ministry of

Justice of the Kyrgyz Republic on March 25, 2003,

registration number 36-03

Make the following amendments and additions to the Regulation "On the Activities of Pawnshops in the Territory of the Kyrgyz

Republic", approved by the Resolution of the Board of the National

Bank of the Kyrgyz Republic of February 19, 2003 No. 4/3 "On the Regulation

"On the Activities of Pawnshops in the Territory of the Kyrgyz Republic",

registered in the Ministry of Justice of the Kyrgyz Republic on March 25

2003, registration number 36-03 (hereinafter - the Regulation):

1. Paragraph 1.10 after the words "On Pledge" add the words "On Counter-

financing of terrorism and legalization (money laundering) of

income obtained by criminal means".

2. Paragraph 6.2 add twelfth and thirteenth paragraphs in the following

edition:

"- record information about operations with clients in the Journal of

registration of information about operations with clients (Appendix 9a) and pro-

vide information about suspicious transactions and operations, as well as trans-

actions and operations with monetary funds or other property, falling under

the list of criteria, in accordance with which transactions and operations

are subject to mandatory control, to the authorized state body

in the field of counter-financing of terrorism and legalization (money

laundering) of income obtained by criminal means within the timeframes and order pre-

scribed by the legislation of the Kyrgyz Republic. Store information,

specified in this sub-item for not less than five years;

• ensure training of employees on issues of counter-

financing of terrorism and legalization (money laundering) of income obtained

by criminal means".

3. Add Paragraph 6.4 to the Regulation in the following edition:

"6.4. On one of the employees of the pawnshop must be assigned

functions for compliance with the requirements of the Law of the Kyrgyz Republic "On Counter-

financing of terrorism and legalization (money laundering) of income

obtained by criminal means", which must be documented in writing".

4. Paragraph 7.2 add fourth paragraph in the following edition:

"- register the transaction in the Journal of registration of information about

operations with clients;".

5. Fourth, fifth and sixth paragraphs of paragraph 7.2. respectively

count as fifth, sixth and seventh paragraphs.

6. Paragraph 9.5 add sub-item 10 in the following edition:

"10) in case of violation of the legislation of the Kyrgyz Republic on

counter-financing of terrorism and legalization (money laundering) of in-

come obtained by criminal means".

7. Sub-item 10 of paragraph 9.5. respectively count as sub-item 11.

8. In the fourth paragraph of paragraph 2.2. Appendix 2 the word "additional"

exclude.

9. In paragraph 3.6. Appendix 2 the words "material", "receipt

of funds from the production activities of the Pawnshop;", "currency receipts

from foreign economic activities;", "income from securities;"

and "loans and credits of banks" exclude.

10. Add Appendix 9a to the Regulation of the following content:

"Appendix 9a

Information on Operations Conducted with Customers

REGISTRATION

JOURNAL

Journal of registration of information about operations with clients

---

|Operation|Type of|Amount of|Customer's|Passport | Personal | Personal |

| conducted|operation(1)| operation|name/Full|number, issued| person's| person's|

|day/Date| |operation|Name of|the day/Num-|place of residence|place of stay|

|committed| | |client|ber|of physical person|of physical person|

| | | | |passport,| | |

| | | | |date of| | |

| | | | |issuance| | |

|--------|-----------|---------|-------|--------|----------|----------|

|--------|-----------|---------|-------|--------|----------|----------|

|--------|-----------|---------|-------|--------|----------|----------|

---

Signature of the responsible employee of the pawnshop/

Signature of the head of the pawnshop ______

Note/Remark:

(1) - type of operation: receiving a loan or buying out a pledge/ type of operation: receiving a loan or buying out a pledge".