The National Bank of the Kyrgyz Republic has opened a public consultation on draft amendments to its rules on minimum internal control requirements for commercial banks for countering terrorist financing and the legalization of criminal proceeds. The proposed changes are intended to strengthen banks’ internal control systems in response to the rapid development of virtual asset transactions and the wider use of digital financial technologies. The draft would amend the framework approved in 2019, including the regulation on cash foreign currency exchange operations in the Kyrgyz Republic and related National Bank legal acts on anti-money laundering and counter-terrorist financing issues. Comments on the draft are requested by 20 June 2026.
National Bank of the Kyrgyz Republic2026-06-05
National Bank of the Kyrgyz Republic launches consultation on AML CFT rule changes for commercial banks amid growth in virtual asset activity
The National Bank of the Kyrgyz Republic has launched a public consultation on draft amendments to minimum internal control requirements for commercial banks to counter terrorist financing and the legalization of criminal proceeds. The changes aim to strengthen banks’ internal control systems amid rapid growth in virtual asset transactions and wider use of digital financial technologies, and would amend the 2019 framework, including rules on cash foreign currency exchange operations and related anti-money laundering and counter-terrorist financing acts.