The National Bank of the Kyrgyz Republic has fined a Bishkek-based payment organization for AML/CFT internal control deficiencies.
The payment operator, located in Bishkek, violated Kyrgyz legal requirements on combating the financing of terrorist activities and legalizing illicit proceeds. The regulator identified shortcomings in how its internal control system was organized. For this violation, a fine of 55,000 soms was imposed.