{"id":13271,"date":"2019-07-09T21:16:22","date_gmt":"2019-07-09T21:16:22","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=13271"},"modified":"2019-07-09T21:16:22","modified_gmt":"2019-07-09T21:16:22","slug":"digital-signature-requirements-a-real-headache-for-small-kyrgyz-businesses","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/digital-signature-requirements-a-real-headache-for-small-kyrgyz-businesses\/","title":{"rendered":"Digital signature requirements a real headache for small Kyrgyz businesses"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">A pilot project on digital signatures has just been launched in Kyrgyzstan. Starting this month, reports from those engaged in foreign economic relations (i.e. importers and exporters) will only be accepted electronically with the use of a digital signature. Despite the adoption of this innovative measure, there are 3 main concerns that could complicate things for importer\/exporter entrepreneurs: <\/span><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\">digital signatures can only be obtained in Bishkek; <\/span><\/li>\n<li><span style=\"font-weight: 400;\">internet connections are unstable outside of Bishkek and Osh; <\/span><\/li>\n<li><span style=\"font-weight: 400;\">there is no specific criteria for who is a participant in foreign economic relations. <\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">This means that if an entrepreneur was once engaged in importing\/exporting, it is conceivable that all of his\/her reports (including those not related to foreign trade) be submitted only in an electronic form with a digital signature. Although seen as an important move forward in terms of overall progress, the lack of forethought behind it could turn into tangible issues that cost small- and medium-sized businesses much more than their larger counterparts.<\/span><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-13271 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Non-cash payments up 33% in Azerbaijan'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/non-cash-payments-up-33-in-azerbaijan\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/f628dd9d-cc1d-4f20-a3b8-beee5d056de6-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-7187\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-7187'>\n\t\t\t\tNon-cash payments up 33% in Azerbaijan\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='How banks can compete against an army of FinTech startups'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/how-banks-can-compete-against-an-army-of-fintech-startups\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/04\/apr17-26-483747929-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-3726\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/04\/apr17-26-483747929-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/04\/apr17-26-483747929-100x100.jpg 100w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-3726'>\n\t\t\t\tHow banks can compete against an army of FinTech startups\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='BFC FinTech Monitor 28th July \u2013 3rd August'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/bfc-fintech-monitor-28th-july-3rd-august\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/08\/e17be0df-4211-4827-a19e-8a92207ba8da1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15189\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15189'>\n\t\t\t\tBFC FinTech Monitor 28th July \u2013 3rd August\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A pilot project on digital signatures has just been launched in Kyrgyzstan. Starting this month, reports from those engaged in foreign economic relations (i.e. importers and exporters) will only be accepted electronically with the use of a digital signature. Despite the adoption of this innovative measure, there are 3 main concerns that could complicate things &hellip;<\/p>\n","protected":false},"author":5,"featured_media":13298,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,72],"tags":[206,141],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13271"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=13271"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13271\/revisions"}],"predecessor-version":[{"id":13272,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13271\/revisions\/13272"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/13298"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=13271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=13271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=13271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}