Kyrgyzstan: NBKR fines payment operators over customer checks

On 22 October, the NBKR reported fines of KGS 5,381,247 and KGS 804,130 against two payment organisations/payment system operators.

The regulator cited anti-money laundering and criminal financing requirements concerning customer checks for international electronic transfers. The second case also concerned establishing business relationships. The announcement does not identify the organisations or specify separate decision dates.

Source: NBKR.

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