The National Bank of the Kyrgyz Republic has adopted amendments to several of its regulatory acts to align them with Kyrgyzstan’s Law on Banks and Banking Activity, introducing mandatory requirements to develop and implement automated or semi-automated systems for detecting fraudulent operations with timely, risk-based responses. The changes are intended to strengthen control over operational risk, improve financial organisations’ resilience to fraud, protect customers’ assets, and support trust in the banking system, noting that fraud can undermine confidence and slow digitalisation and investment in the sector. The resolution was adopted by the NBKR Board on 26 September 2025 and published on the central bank’s website.
National Bank of the Kyrgyz Republic 2025-10-02
National Bank of the Kyrgyz Republic amends rules to require automated or semi-automated fraud detection systems
The National Bank of the Kyrgyz Republic has amended regulatory acts to align with the Law on Banks and Banking Activity, mandating automated systems for fraud detection with risk-based responses. These changes aim to enhance operational risk control, improve resilience to fraud, and protect customer assets, thereby supporting trust and digitalisation in the banking sector.