2017-06-15 | 8-653Added
The National Bank of the Kyrgyz Republic approved the Regulation on Minimum Risk Management Requirements in Banks of the Kyrgyz Republic, which applies to commercial banks, the State Development Bank of the Kyrgyz Republic, the Non-State Commercial Joint-Stock Company Union of Banks of Kyrgyzstan, and regional branches. This approval simultaneously repealed the previous Board Resolution No. 36/10 dated December 29, 2004, and paragraph 30 of the Appendix to Resolution No. 43/1 dated November 16, 2012. The resolution entered into force on June 22, 2017, and assigned oversight of its implementation to Board Member T.D. Jusupov.
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NATIONAL BANK OF THE KYRGYZ REPUBLIC
RESOLUTION
of June 15, 2017 No. 2017-P-12/25-8-(NPA)
In accordance with Articles 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:
Approve the Regulation "On Minimum Risk Management Requirements in Banks of the Kyrgyz Republic" (attached).
Recognize as having lost force:
the resolution of the Board of the National Bank of the Kyrgyz Republic "On Approval of the Regulation "On Minimum Risk Management Requirements in Banks of the Kyrgyz Republic" dated December 29, 2004 No. 36/10;
paragraph 30 of the Appendix to the resolution of the Board of the National Bank of the Kyrgyz Republic "On Amendments and Additions to Certain Regulatory Legal Acts of the National Bank of the Kyrgyz Republic" dated November 16, 2012 No. 43/1.
publish this resolution on the official website of the National Bank of the Kyrgyz Republic;
after official publication, send this resolution to the Ministry of Justice of the Kyrgyz Republic for inclusion in the State Register of Regulatory Legal Acts of the Kyrgyz Republic.
This resolution enters into force on June 22, 2017.
The Management of Supervision and Licensing Methodology shall bring this resolution to the attention of commercial banks, the State Development Bank of the Kyrgyz Republic, the Non-State Commercial Joint-Stock Company "Union of Banks of Kyrgyzstan", regional departments, and the branch office of the National Bank of the Kyrgyz Republic in the Batken region.
Control over the implementation of this resolution is entrusted to the Board Member of the National Bank of the Kyrgyz Republic T.D. Jusupov.
| Chairman of the Board of the National Bank of the Kyrgyz Republic | T. Abdygulov |
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Source: National Bank of the Kyrgyz Republic — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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