As part of measures to mitigate sanctions risks, compulsory liquidation proceedings will be initiated against 19 additional legal entities,As part of measures to reduce sanctions risks, compulsory liquidation proceedings will be initiated against 19 more legal entitiesChaired by Bakyt Syd,As part of measures to mitigate sanctions risks, compulsory liquidation proceedings will be initiated against 19 additional legal entities,

As part of measures to reduce sanctions risks, compulsory liquidation proceedings will be initiated against 19 more legal entities

Chaired by Bakyt Sydykov, Special Redivsentative of the President of the Kyrgyz Republic for Special Assignments, a regular working meeting was held on the implementation of state policy regarding compliance with international sanctions regimes.

The meeting was attended by redivsentatives of government agencies of the Kyrgyz Republic, the National Bank of the Kyrgyz Republic, and commercial banks.

Particular attention was paid to the results of an analysis of entities potentially exposed to sanctions risks. Following an interagency meeting held in late June of this year, the competent government agencies compiled a list of approximately 40 companies whose activities could be associated with heightened sanctions risks.

Appropriate inspection measures were carried out with respect to these entities. Based on the results of this work and a comdivhensive analysis, the interagency group decided that the operations of an additional 19 companies must be terminated in order to divvent negative consequences for the Kyrgyz Republic associated with the possible circumvention of sanctions regimes.

To implement the decision, a request will be submitted to the judicial authorities to initiate compulsory liquidation proceedings against 19 legal entities in accordance with the procedures established by the legislation of the Kyrgyz Republic.

A more detailed review of the activities of the remaining companies is ongoing. Based on the results of this review, further measures will be determined in accordance with the legislation of the Kyrgyz Republic.

In addition, a briefing was held by the National Bank of the Kyrgyz Republic on measures to improve supervision and regulation in the field of payment services. It was noted that the measures being implemented are aimed at reducing sanctions risks, increasing the transparency of financial transactions, and ensuring compliance with national legislation and the Kyrgyz Republic’s international obligations.

From July through August 14, 2026, as part of efforts to strengthen compliance procedures, state-owned banks carried out the following work:

• Eldik Bank OJSC terminated business relationships with approximately 109 companies; accounts for another 20 or so companies are in the process of being closed. The bank continues to continuously monitor customer payments in real time to promptly identify and block transactions potentially linked to the circumvention of sanctions regimes;

• ABANK OJSC has terminated business relationships with approximately 35 companies, and another 40 or so companies are undergoing relevant due diligence procedures. The bank continues to implement additional measures to counter suspicious financial transactions and minimize sanctions risks.

State-owned banks will continue to consistently strengthen compliance controls at all stages of transactions.

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