The National Bank of the Kyrgyz Republic has adopted a resolution approving regulations on minimum requirements for systems to counter internal and external fraud in microfinance organisations, aligning its regulatory acts with the Kyrgyz Republic’s Law on Microfinance Organisations. The regulation introduces mandatory requirements for the design and implementation of fraud detection systems that enable timely responses calibrated to the level of risk. The measures are intended to strengthen controls against internal and external fraud, improve operational security, and protect customer interests by upgrading fraud prevention arrangements. The resolution has been published on the National Bank’s official website.
National Bank of the Kyrgyz Republic 2025-10-17
National Bank of the Kyrgyz Republic sets minimum anti-fraud system requirements for microfinance organisations
The National Bank of the Kyrgyz Republic has approved regulations setting minimum requirements for fraud detection systems in microfinance organisations, aligning with national law. The regulations mandate systems that enable timely, risk-calibrated responses to strengthen fraud controls and protect customer interests.