The National Bank of the Kyrgyz Republic will suspend two licenses held by closed joint stock company SHERP for three months from Oct. 23, 2026, over violations of Kyrgyz legislation and the central bank’s regulations, covering license No. 3056101024 for accepting and executing payments and settlements for third parties through electronic payment systems and license No. 2054101024 for payment processing and clearing, both issued Oct. 10, 2024.
National Bank of the Kyrgyz Republic announces suspension of SHERP’s payment and processing licenses for three months
The National Bank of the Kyrgyz Republic will suspend SHERP’s licenses for third-party payment services and payment processing and clearing for three months from Oct. 23, 2026, over breaches of national legislation and central bank regulations.