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On July 8, 2026, the National Bank of the Kyrgyz Republic (NBKR) adopted Resolution No. 2026-P-17/35-6-(NPA) introducing amendments to several regulatory legal acts concerning the licensing and regulation of specialized financial institutions. The resolution aims to support and develop the operations of specialized financial institutions by establishing clearer frameworks for their organizational and legal structures, permitted operations, regulatory requirements, and technical standards. The amendments specify the types of organizational forms these institutions may adopt, provide a comprehensive list of authorized operations, and set out regulatory and technical requirements for their operations. The resolution addresses key aspects of specialized financial institution governance, including licensing procedures, operational parameters, and compliance standards. By clarifying these regulatory requirements, the NBKR seeks to create a more transparent and predictable operating environment for specialized financial institutions operating within Kyrgyzstan's financial system. The full text of the resolution is available on the NBKR's official website under the section "About the Bank/Laws on Banking/Resolutions of the National Bank Board" at www.nbkr.kg. Interested parties and stakeholders can access the complete regulatory amendments through this portal to understand the specific modifications to licensing and regulatory requirements for specialized financial institutions.