The National Bank of the Kyrgyz Republic fined a Bishkek-based payment organization and payment system operator a total of KGS 220,000 for failing to comply with mandatory orders from an authorized state body and for deficiencies in its internal controls against money laundering and terrorist financing.
National Bank of the Kyrgyz Republic fines Bishkek payment firm KGS 220,000 for regulatory breaches
The National Bank of the Kyrgyz Republic fined a Bishkek-based payment firm KGS 220,000 for noncompliance with mandatory state orders and deficiencies in anti-money laundering and counterterrorist financing controls.