One of the commercial banks in Kyrgyzstan was held liable for violating the legislation in the field of combating financing of terrorism and money laundering. The press service of the Ministry of Finance reported.
The State Financial Intelligence Service imposed seven fines on the bank for a total of 441,000 soms.
The violations concerned the procedure and deadlines for submitting reports on transactions with individuals and legal entities from countries that are considered high-risk.
The sanctions were applied within the framework of the Code of Offenses.
