Kyrgyzstan's National Bank proposes adding Digital Som Platform to RTGS rules

The National Bank of the Kyrgyz Republic has put draft amendments to the rules of its Real-Time Gross Settlement System (RTGS) up for public discussion. The regulator proposes expanding the list of specialised participants to include the Digital Som Platform and operators of other payment systems, and adding information security requirements for participants.

Under the draft, the central bank's Automated Trading System, its Batch Clearing System for small retail and regular payments, and the Digital Som Platform would gain specialised participant status, alongside operators of card settlement, interaction and Fast Payment systems. Specialised participants would not need a correspondent or current account at the National Bank and could connect directly to the RTGS.

The National Bank says the changes aim to reduce financial and operational risks and align regulations with the Digital Code adopted in 2025. If adopted, the resolution takes effect 15 days after official publication.