Failure to submit 4 (four) Currency transaction Report to the FMS as required under the Article 6, paragraph one, of the “ Rules on Record-keeping, Storage and Reporting of the Information on the Transaction by Obliged Entity to the Financial Monitoring Service of Georgia” adopted on June 5, 2020, by the Order N1 of the Head of the Financial Monitoring Service of Georgia, which envisages fine of 2000 ( two thousand) Gel for each case - in total the obligated entity was fined 8000 ( eight thousand) GEL.

Failure to submit 2 (Two) accurate Currency transaction Report to the FMS as required under the Article 6, paragraph one, of the “ Rules on Record-keeping, Storage and Reporting of the Information on the Transaction by Obliged Entity to the Financial Monitoring Service of Georgia” adopted on June 5, 2020, by the Order N1 of the Head of the Financial Monitoring Service of Georgia, which envisages fine of 2000 ( two thousand) Gel for each case - in total the obligated entity was fined 4000 ( four thousand) GEL.

Late submission (delay up to five days from actual transaction date) of 3 (three) Currency transaction Report to the FMS as required under the Article 6, paragraph one, of the “Rules on Record-keeping, Storage and Reporting of the Information on the Transaction by Obliged Entity to the Financial Monitoring Service of Georgia” adopted on June 5, 2020, by the Order №1 of the Head of the Financial Monitoring Service of Georgia, which envisages fine of 100 ( one hundred) Gel for each case - in total the obligated entity was fined 300 (three hundred) GEL.

Failure to take adequate measures to establish the source of wealth and source of funds involved in transactions of 7 (Seven) high- risk clients, as required by the Law of Georgia on Facilitating the Suppression of Money Laundering and Terrorism Financing – the obliged entity was fined for 3,000 (Three Thousand) Gel for each case – 21,000 (Twenty one thousand) Lari in total.

Failure to submit accurate information to the National Bank of Georgia under the provisions of the "Rule on the filing and submitting illicit income legalization and Terrorism Financing Risk Supervision Reports by Microfinance organizations" adopted on May 31, 2016 by the decree № 61/04 of the President of the National Bank of Georgia – In Total the obliged entity was fined 1000 (Thousand) GEL.

In total Microfinance organization was fined 34 300 (Thirty Four Thousand Three Hundred) GEL.