Kyrgyzstan’s Cabinet of Ministers adopted a resolution changing the rules for the national depository and updating requirements for issuing international securities. The new rules will take effect 15 days after official publication, expected in mid-November.
The Financial Market Regulation and Supervision Service (FSA) announced the move. Resolution No. 732 approves two regulatory documents for the country’s stock market.
The first document regulates the national depository. According to the agency, the new rules define its key functions, strengthen state control over the system, and increase transparency. These changes aim to protect investor rights and create conditions to attract capital in domestic and international markets.
The second document covers the Unified State Register of Securities. The main change relates to issuers entering foreign platforms: the regulator set clear disclosure requirements for issuing global depository receipts (GDRs) and international bonds.
This decision continues a series of regulatory changes in the country’s financial market. Earlier, the Kyrgyz parliament approved a ban on binary options in the first reading, restricting high-risk instruments.