Central Banks of EurAsEC Countries Strengthen Collaboration
OREANDA-NEWS. The National Bank of the Kyrgyz Republic received the representatives of regulatory agencies of Member States of EuroAsian Economic Community in Kyrgyzstan, arrived in Bishkek at the international seminar “The activities of Сentral Banks to monitor the payment (settlement) systems. Oversight of the payment system”.
The event with the participation of the representatives of the Central Bank of Russia, the National Bank of Kazakhstan, Tajikistan and Kyrgyzstan discussed the legislation in the area of payment systems in the Kyrgyz Republic and the Russian Federation, described the experience of central banks in the regulation of payment systems and payment instruments, including innovative technologies, particularly organization of the monitoring of the operation of payment systems and supervision of operators and non-banking institutions.
During the two-day workshop, participants noted the similarity of the problems of regulation and control over the activity of the operators and payment organizations in all countries of the EurAsEC encountered regardless of the level of development of the electronic banking services market.
Summing up the results of the international seminar, the experts stressed on its effectiveness and expressed the need to conduct such measures to help improve the quality of cooperation between states in the field of payment systems and the impact on the resolution of important public and economic problems.
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