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. Last Updated: 07/27/2016

Kyrgyz Finance Decrees

BISHKEK () -- Kyrgyz President Askar Akayev issued decrees Tuesday designed to tighten financial regulation and head off possible scandals involving get-rich-quick schemes.

A separate decree promises to open the transport sector to free competition by creating a licensing system for trucking enterprises, taxi and bus ventures.

The decrees on investors rights set rules for founding investment funds, boost the powers of a national securities watchdog and tidy up regulations for savers depositing money at banks.