{"id":21583,"date":"2020-12-01T12:37:17","date_gmt":"2020-12-01T06:37:17","guid":{"rendered":"https:\/\/www.amcham.kg\/legalnews\/november-2020\/"},"modified":"2021-06-08T13:07:28","modified_gmt":"2021-06-08T07:07:28","slug":"november-2020","status":"publish","type":"legalnews","link":"https:\/\/www.amcham.kg\/en\/legalnews\/november-2020\/","title":{"rendered":"Legal Grata International <br>(November 2020)"},"content":{"rendered":"<section class=\"l-section wpb_row height_custom\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p><strong>On amendments to the registration procedure of international payment systems<\/strong><\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p>The amendments have touched upon the procedure of registration of operators of the money transfer system in the Kyrgyz Republic with the National Bank.<\/p>\n<p>In addition, the resolution sets a limit for cashing funds from a bank card through a bank agent \u2013 it should not exceed 150 calculation units (i.e., KGS 15,000) per day for one device (POS-terminal) installed with the agent per one payment card.<\/p>\n<p>The Resolution comes into force after fifteen days from the date of official publication.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div><div class=\"w-btn-wrapper align_none\"><a class=\"w-btn us-btn-style_1\" href=\"https:\/\/www.nbkr.kg\/newsout.jsp?&amp;item=31&amp;lang=RUS&amp;material=100500\"><span class=\"w-btn-label\">Learn more<\/span><\/a><\/div><div class=\"w-separator size_large with_line width_default thick_1 style_solid color_border align_center\"><div class=\"w-separator-h\"><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_custom\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p><strong>On approval of the short-term action plan for economic stabilization<\/strong><\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p>In order to stabilize the economy in a short-term perspective, the Government of the Kyrgyz Republic approved the Plan of short-term actions for economy stabilization.<\/p>\n<p>The Plan includes measures to support small and medium businesses and protect investors, support the budget and export-import operations, as well as measures to digitize sectors and reduce administrative barriers and simplify business start-up procedures.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div><div class=\"w-btn-wrapper align_none\"><a class=\"w-btn us-btn-style_1\" href=\"http:\/\/cbd.minjust.gov.kg\/act\/view\/ru-ru\/218331\"><span class=\"w-btn-label\">Learn more<\/span><\/a><\/div><div class=\"w-separator size_large with_line width_default thick_1 style_solid color_border align_center\"><div class=\"w-separator-h\"><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_custom\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p><strong>On the establishment of the Council on Economic Reforms under the Government of the Kyrgyz Republic<\/strong><\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p>In order to carry out systematic, comprehensive and coordinated work of the Government of the Kyrgyz Republic, to respond to changes in the economic situation in a timely manner and to develop recommendations to support and develop entrepreneurial and investment activities, as well as to improve the competitiveness of the economy, the Economic Reforms Council under the Government of the Kyrgyz Republic was established, and the composition of the Council and its Regulation were approved.<\/p>\n<p>The Resolution shall enter into force on the day of its official publication.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div><div class=\"w-btn-wrapper align_none\"><a class=\"w-btn us-btn-style_1\" href=\"https:\/\/www.gov.kg\/ru\/npa\/s\/2792\"><span class=\"w-btn-label\">Learn more<\/span><\/a><\/div><div class=\"w-separator size_large with_line width_default thick_1 style_solid color_border align_center\"><div class=\"w-separator-h\"><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_custom\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p><strong>On amendments to some legislative acts pertaining to the land use<\/strong><\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p>Acting President of the Kyrgyz Republic Sadyr Zhaparov signed the Law of the Kyrgyz Republic \u201cOn Amendments to Some Legislative Acts Pertaining to the Land Use (Law of the Kyrgyz Republic \u201cOn Introduction of the Moratorium on Transfer (Transformation) of Irrigated Arable Land into Other Categories of Land and Types of Land\u201d, \u201cOn Transfer (Transformation) of Land Plots\u201d, Criminal Code of the Kyrgyz Republic).<\/p>\n<p>The Law was adopted by the Jogorku Kenesh of the Kyrgyz Republic on 4 November 2020.<\/p>\n<p>The purpose of this Law is:<\/p>\n<p>\u2013 to solve the issues raised by citizens who illegally built dwelling houses on the land plots of irrigated arable land after the Law of the Kyrgyz Republic \u201cOn Introduction of the Moratorium on Transfer (Transformation) of Irrigated Arable Land into Other Categories of Land and Types of Territories\u201d is put into effect;<\/p>\n<p>\u2013 giving an opportunity to transfer (transform) irrigated arable land not suitable for use in agricultural production or having state acts on private ownership right;<\/p>\n<p>\u2013 provides for punishment for unauthorized construction on agricultural lands with violation of their intended purpose.<\/p>\n<p>In this regard, the Law makes appropriate amendments to the Laws of the Kyrgyz Republic \u201cOn Introduction of the Moratorium on Transfer (Transformation) of Irrigated Arable Land into Other Categories of Land and Types of Land\u201d, \u201cOn Transfer (Transformation) of Land Plots\u201d and the Criminal Code of the Kyrgyz Republic.<\/p>\n<p>The Law shall enter into force upon expiration of ten days from the date of its official publication.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div><div class=\"w-btn-wrapper align_none\"><a class=\"w-btn us-btn-style_1\" href=\"http:\/\/www.president.kg\/ru\/sobytiya\/zakony\/18220_vneseni_izmeneniya_vnekotorie_zakonodatelnie_akti_vsfere_zemlepolzovaniya\"><span class=\"w-btn-label\">Learn more<\/span><\/a><\/div><div class=\"w-separator size_large with_line width_default thick_1 style_solid color_border align_center\"><div class=\"w-separator-h\"><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_custom\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><strong>On introducing a temporary ban (moratorium) on licensing activities related to geological prospecting, exploration and gold mining<\/strong><\/p>\n<p>By the Resolution of the acting Prime-minister of the Kyrgyz Republic, a temporary ban (moratorium) was introduced on licensing activities related to the right to use mineral resources to conduct geological prospecting, exploration and development of gold (indigenous, placer), silver and copper.<\/p>\n<p>This resolution does not apply to renewal of licenses and exclusive rights of subsoil users to transform their licenses for the right to use mineral resources.<\/p>\n<\/div><\/div><div class=\"w-btn-wrapper align_none\"><a class=\"w-btn us-btn-style_1\" href=\"https:\/\/www.gov.kg\/ru\/npa\/s\/2789\"><span class=\"w-btn-label\">Learn more<\/span><\/a><\/div><div class=\"w-separator size_large with_line width_default thick_1 style_solid color_border align_center\"><div class=\"w-separator-h\"><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_custom\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p><strong>On the introduction of a temporary ban on the export of certain types of agricultural goods from the Kyrgyz Republic<\/strong><\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p>A temporary ban has been established for six months on export (export) of certain types of agricultural goods from the Kyrgyz Republic outside the customs territory of the Eurasian Economic Union (except for re-export, transit, as well as humanitarian aid provided by the Government of the Kyrgyz Republic), introduced after five days from the date of entry into force of this resolution.<\/p>\n<p>The Resolution approved the List of these goods, which includes:<\/p>\n<ul>\n<li>Live cattle<\/li>\n<li>Sheep and goats alive<\/li>\n<li>Poultry live: domestic chickens (Gallus domesticus), ducks, geese, turkeys and gooseberries<\/li>\n<li>Wheat and meslin<\/li>\n<li>Barley<\/li>\n<li>Corn<\/li>\n<li>Fig<\/li>\n<li>Wheat flour<\/li>\n<li>Vegetable oil<\/li>\n<li>Sugar sand<\/li>\n<li>Chicken eggs<\/li>\n<li>Salt iodized food cookery<\/li>\n<li>Feed (hay, straw, compound feed, bran and grain feed).<\/li>\n<\/ul>\n<p>The resolution becomes effective on the day of signing.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div><div class=\"w-btn-wrapper align_none\"><a class=\"w-btn us-btn-style_1\" href=\"https:\/\/www.gov.kg\/ru\/npa\/s\/2801\"><span class=\"w-btn-label\">Learn more<\/span><\/a><\/div><div class=\"w-separator size_large with_line width_default thick_1 style_solid color_border align_center\"><div class=\"w-separator-h\"><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_custom\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p><strong>On extension of the temporary ban (moratorium) on inspections of business entities<\/strong><\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p>In order to stabilize the economic situation in the country as soon as possible, the Government of the Kyrgyz Republic by its Resolution dated 2 December 2002 No. 590 has decided to prolong the temporary ban (moratorium) on conducting inspections of business entities till 1 January 2022.<\/p>\n<p>This Decision shall enter into force upon expiration of fifteen days from the date of its official publication.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div><div class=\"w-btn-wrapper align_none\"><a class=\"w-btn us-btn-style_1\" href=\"https:\/\/www.gov.kg\/ru\/npa\/s\/2818\"><span class=\"w-btn-label\">Learn more<\/span><\/a><\/div><div class=\"w-separator size_large with_line width_default thick_1 style_solid color_border align_center\"><div class=\"w-separator-h\"><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_custom\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p><strong>On introduction of new conditions for electronic money circulation<\/strong><\/p>\n<\/div>\n<\/div>\n<div class=\"wpb_text_column \">\n<div class=\"wpb_wrapper\">\n<p>On 18 November 2020, the Board of the National Bank of the Kyrgyz Republic adopted a resolution on introducing amendments to the resolution \u201cOn Approval of the Regulation \u201cOn Electronic Money in the Kyrgyz Republic\u201d dated 30 March 2016.<\/p>\n<p>According to these changes, a number of corrections are made to the document. The key of them introduce such norms:<\/p>\n<p>\u2013 the system of electronic money settlements of this operator must correspond to the status of the national payment system;<\/p>\n<p>\u2013 the bank must maintain a database of acceptors, which must contain at least the details of the contract, the name of the legal entity \/ name of the individual entrepreneur, data on state registration of the legal entity, passport data of the individual entrepreneur, patent, location \/ address of residence, contact information, information on the type of activity, financial conditions;<\/p>\n<p>\u2013 the bank and the bank\u2019s agent for the provision of an extended range of retail banking services are required to perform the procedure of identification and verification of the electronic purse holder. Identification and verification can also be carried out remotely;<\/p>\n<p>\u2013 the size of limits depending on the category of electronic purse holders shall be established in internal procedures of the bank;<\/p>\n<p>\u2013 the operator of the international e-money system\/emitter of international e-money to provide services with the use of international e-money in the Kyrgyz Republic must register with the National Bank.<\/p>\n<p>Activity without registration with the National Bank is prohibited.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div><div class=\"w-btn-wrapper align_none\"><a class=\"w-btn us-btn-style_1\" href=\"https:\/\/www.nbkr.kg\/newsout.jsp?item=31&amp;lang=RUS&amp;material=100690\"><span class=\"w-btn-label\">Learn more<\/span><\/a><\/div><div class=\"w-separator size_large with_line width_default thick_1 style_solid color_border align_center\"><div class=\"w-separator-h\"><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"featured_media":21526,"parent":0,"template":"","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"class_list":["post-21583","legalnews","type-legalnews","status-publish","has-post-thumbnail","hentry"],"better_featured_image":{"id":21526,"alt_text":"","caption":"","description":"","media_type":"image","media_details":{"width":4000,"height":4000,"file":"legal_review_nov_2020_eng.jpg","sizes":{"us_1536_1536":{"file":"legal_review_nov_2020_eng-1536x1536.jpg","width":1536,"height":1536,"mime-type":"image\/jpeg","source_url":"https:\/\/www.amcham.kg\/wp-content\/uploads\/legal_review_nov_2020_eng-1536x1536.jpg"},"us_150_150":{"file":"legal_review_nov_2020_eng-150x150.jpg","width":150,"height":150,"mime-type":"image\/jpeg","source_url":"https:\/\/www.amcham.kg\/wp-content\/uploads\/legal_review_nov_2020_eng-150x150.jpg"},"us_300_300":{"file":"legal_review_nov_2020_eng-300x300.jpg","width":300,"height":300,"mime-type":"image\/jpeg","source_url":"https:\/\/www.amcham.kg\/wp-content\/uploads\/legal_review_nov_2020_eng-300x300.jpg"},"us_1024_1024":{"file":"legal_review_nov_2020_eng-1024x1024.jpg","width":1024,"height":1024,"mime-type":"image\/jpeg","source_url":"https:\/\/www.amcham.kg\/wp-content\/uploads\/legal_review_nov_2020_eng-1024x1024.jpg"}},"image_meta":{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0","keywords":[]}},"post":null,"source_url":"https:\/\/www.amcham.kg\/wp-content\/uploads\/legal_review_nov_2020_eng.jpg"},"acf":[],"_links":{"self":[{"href":"https:\/\/www.amcham.kg\/en\/wp-json\/wp\/v2\/legalnews\/21583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amcham.kg\/en\/wp-json\/wp\/v2\/legalnews"}],"about":[{"href":"https:\/\/www.amcham.kg\/en\/wp-json\/wp\/v2\/types\/legalnews"}],"version-history":[{"count":4,"href":"https:\/\/www.amcham.kg\/en\/wp-json\/wp\/v2\/legalnews\/21583\/revisions"}],"predecessor-version":[{"id":21612,"href":"https:\/\/www.amcham.kg\/en\/wp-json\/wp\/v2\/legalnews\/21583\/revisions\/21612"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amcham.kg\/en\/wp-json\/wp\/v2\/media\/21526"}],"wp:attachment":[{"href":"https:\/\/www.amcham.kg\/en\/wp-json\/wp\/v2\/media?parent=21583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}