Published
08/18/2026, 11:30In Bishkek, a payment organisation operating a payment system has been fined a total of 220,000 KGS for breaching the legislation of the Kyrgyz Republic and the regulations of the National Bank.
It is reported that the breaches relate to a failure to comply with mandatory instructions from the authorised state body, as well as a failure to comply with legislation on combating the financing of criminal activity and the laundering of criminal proceeds.
In particular, these relate to breaches in the organisation of the internal control system within the payment organisation. Following the audit, penalties totalling 220,000 KGS were imposed on the company.
