Monetary Fine was imposed on CURRENCY eXCHANGE OPERATOR- LTD “anano” (I.N. 406221388)

A financial penalty of 15 000 (fifteen thousand) Gel was imposed on Limited liability company “anano”.

A penalty of 2000 (two thousand) lari was imposed on currency exchange bureau for two cases of failure to provide accurate information under the Second Periodic Report of 2021 (July 30, 2021 –December 31) to the National Bank of Georgia under the provisions of the “Rules on filing and submitting illicit income legalization and Terrorism Financing Risk Supervision Reports by Currency Exchange bureau” approved on November 15, 2018 under the Decree №248/04 of the President of the National Bank of Georgia, which under the Article 3, Paragraph 4, sub-paragraph ‘d’ of the Rules Approved by the Decree N17/04 (amended after April 6, 2021) of the President of the National Bank of Georgia on February 5, 2020, “On Determining, imposing and enforcing of the fines to the currency exchange bureau and its administrators” envisages a fine of GEL 1 000 (thousand) lari on each case of infringement.

A penalty of 3000 (three thousand) lari was imposed on Currency Exchange operator for failure to execute requirements of the Article 29 paragraph 2 on internal control and monitoring of the Law of Georgia “On Facilitating the Suppression of Money Laundering and Terrorism Financing”, which according to the Article 3, paragraph 3, point “i” of the Rules Approved by the Decree N17/04 (amended after April 6, 2021) of the President of the National Bank of Georgia on February 5, 2020 “On Determining, imposing and enforcing of the fines to the currency exchange bureau and its administrators” envisages a Fine of 3 000 (three thousand) lari.

A penalty of 10 000 (ten thousand) Lari was imposed on currency exchange bureau for failure to execute the requirements of the article 27 paragraph 6 of the Law of Georgia “On Facilitating the Suppression of Money Laundering and Terrorism Financing”, which according to the Article 3, paragraph 2, point “e” of the Rules Approved by the Decree N17/04 (amended after April 6, 2021) of the President of the National Bank of Georgia on February 5, 2020 “On Determining, imposing and enforcing of the fines to the Currency Exchange bureau and its administrators” envisages a Fine of 10 000 (ten thousand) lari.