The National Bank's supervision committee has imposed a large fine on a payment organization acting as a payment system operator. According to the regulator, the amount of the penalty exceeded 1.45 million som.
Nature of the violations
During the inspection, the regulator identified several discrepancies with established rules. In particular, the violations affected the functioning of automated systems as well as processes for ensuring the security of transaction data.
Particular attention was paid to compliance with legislation in the field of countering the financing of criminal activities and money laundering. The regulator recorded non-compliance with requirements during the conduct of due diligence for international electronic money transfers.
Fine amount
The name of the organization against which the measures were taken is not disclosed in the regulator's official statement.
