1 (one) case of submitting incorrect information to the National Bank of Georgia by the microfinance organization in the reporting provided for in the “Rule on Completing and Submitting the Anti-Money Laundering and Counter-Terrorist Financing Risk Supervision Report by Microfinance Organizations” approved by Order №62/04 of the President of the National Bank of Georgia on March 15, 2024, which, in accordance with Article 3, Paragraph 4, Subparagraph “d” of “Rules for Determining, Imposing and Enforcing the Amount of Monetary Fines against Microfinance Organizations and their Administrators” approved by Order №16/04 of the President of the National Bank of Georgia on February 5, 2020, it envisages a fine of 1,000 (one thousand) GEL for each fact of violation.
JSC “Microfinance Organization Georgian Capital” (Identification Number: 204568574) was fined with total amount of 1,000 (one thousand) GEL.