ADMINISTRATIVE DIRECTION NO. 2000/3
7 February 2000
The Special Representative of the Secretary-General,
Pursuant to the authority give to him under section 5 of United Nations Interim Administration in Kosovo (UNMIK) Regulation No. 1999/13 of 16 October 1999 on the Licensing of Non-Bank Micro-Finance Institutions in Kosovo, and taking into account sections 2 and 4 of UNMIK Regulation No. 1999/21 of 15 November 1999 on Bank Licensing, Supervision and Regulation,
Hereby gives the following Administrative Direction:
The Banking and Payments Authority of Kosovo shall consider applications for and issue licenses to non-banking micro-finance institutions wishing to operate in Kosovo and shall supervise and regulate their activities.
The Banking and Payment Authority of Kosovo may issue rules and orders regarding the implementation of the present administrative direction.
The present administrative direction shall enter into force on 7 February 2000.
Special Representative of the Secretary-General