The National Bank, as the main financial regulator of the country, is taking measures to combat such fraudulent schemes. In this article, we will examine what changes have occurred and how this affects everyone who has a bank card and internet access.
In 2025, the National Bank of the Kyrgyz Republic implemented a number of initiatives aimed at improving oversight and regulation in the fight against fraud in the financial sector.
Card Transfer — Your Responsibility
Starting from August 1, 2025, the National Bank requires commercial banks to include in their public offers and contracts terms that prohibit the transfer or sale of bank cards, logins, and passwords to third parties, as well as electronic wallets.Now, banks are obliged to clearly state this rule in their documents. In the event of data being transferred to third parties, the client will bear full responsibility.
Additionally, pay attention to the videos published by the National Bank on social media. These materials are also broadcast on the websites of commercial banks and in their branches, which will help clients better respond to fraudulent attempts.
Mandatory Anti-Fraud Systems
Starting in 2025, banks and payment organizations in Kyrgyzstan are required to implement anti-fraud systems.This is not just a formality, but real automated systems that:
- detect suspicious transactions;
- assess risks;
- block fraudulent actions before they are completed.
Additionally, to enhance the security of banking operations and protect consumer rights, the National Bank of the Kyrgyz Republic adopted several documents:
- Regulations on minimum requirements for fraud prevention systems in microfinance organizations (September 15, 2025);
- Amendments to regulations concerning the management of operational risks in commercial banks;
- Regulations on minimum requirements for fraud prevention systems in payment organizations (October 31, 2025).
Cooperation at All Levels
In September 2024, an interagency working group was established to combat fraud, consisting of representatives from the National Bank, the Ministry of Internal Affairs, the State Committee for National Security, as well as commercial banks and telecommunications operators.The specialists of the group are discussing the creation of a unified anti-fraud platform that will make life significantly more difficult for scammers and reduce the number of frauds.
Self-Ban on Loans: Protection Against Fraud
In 2024, 15,000 Kyrgyz citizens became victims of scammers, losing about 2 billion soms. This issue was discussed in the Jogorku Kenesh, resulting in deputies initiating the introduction of a self-ban on lending, which was signed by President Sadyr Japarov.The legislation in the field of banking services was supplemented with a provision that obliges lending organizations, before concluding a contract:
- to request information about the existence of a self-ban from credit bureaus;
- to refuse a loan if there is an active self-ban.
Loan agreements that violate these requirements are considered invalid.As of November 1, 2025, a self-ban on lending came into effect in Kyrgyzstan, allowing citizens to protect themselves from fraud. More than 192,000 citizens had taken advantage of this service by February 20, 2026, protecting them from data theft and impulsive spending.
Financial Literacy Comes First
In December 2025, the National Bank held a round table dedicated not only to technologies for combating fraud but also to issues of cybersecurity in the financial sector. The main focus was on developing mechanisms to protect citizens and improving the financial literacy of the population.
Discussion of internet fraud issues is actively ongoing among government agencies, law enforcement structures, and the financial sector.
New tools are also being considered to enhance cybersecurity, comply with anti-fraud system requirements, and integrate financial security into educational programs.
It is important to stay informed about the topic of cyber fraud, as scammers are constantly developing new schemes. They may call via WhatsApp, write on Telegram, or send fake links. Knowledge of the available tools to combat them is extremely necessary.
Actions of the National Bank to Combat Fraud
The regulator continuously monitors new laws and government decrees related to combating fraud in the financial sector.Thus, on January 21, 2026, the National Bank issued a special decree changing the rules that banks must comply with.
The transfer or sale of one's bank logins and passwords, as well as access to online banking and other remote services, is strictly prohibited. Otherwise, criminal liability is provided.
