1. During the inspection it was revealed that by microfinance organization, in case of 6 (six) clients no appropriate identification/verification measures have been taken, which was the failure of the compliance with the article 6 of the Georgian Law on "Facilitation of Prevention of the Legalization of Illegal Income" and articles 6 and 6¹ of the regulation "Regarding the Rule of the Acquiring, Systematization, Processing and Transferring the Information to the Financial Monitoring Service of Georgia by the Microfinance Organizations". Above mentioned envisages fine with the amount of 10 000 Lari on each case. Total – 60 000 Lari;

2. JSC "Miso IntelExpress" will be fined 1 000 (thousand) Lari after announcing 1 (one) fact of submitting incorrect information to the inspection team.

3. During the inspection, it was revealed that in 7 (seven) cases National Bank of Georgia was provided with inaccurate information through the supervision reports on the risk of the legalization of illicit income and terrorist financing by the microfinance organization, which according of the "Rule for completing the report on the legalization of illegal income of microfinance organizations and the risk of terrorist financing oversight and approving the rules for submitting information" adopted on May 31, 2016 by the order №61/04 of the President of the National Bank of Georgia envisages fine with the amount of 1 000 Lari on each case. Total – 7 000 Lari;

4. During the inspection, the failure of compliance with the article 8 of the law of Georgia on "Facilitation of Prevention of the Legalization of Illegal Income" and article 4 of the regulation "Regarding the Rule of the Acquiring, Systematization, Processing and Transferring the Information to the Financial Monitoring Service of Georgia by the Microfinance Organizations" was revealed. Particularly, organization failed to comply with the obligations of internal control and monitoring for the purposes of facilitation of the prevention of money laundering and terrorist financing. Which envisages fine with the amount of 5 000 Lari.

Microfinance Organization JSC "Miso IntelExpress" (I/N 202353176) was fined with total amount of 73 000 (Seventy-three thousand) Lari.