17:23 - 21.08.2026

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August 21, Fineko/abc.az. As part of ongoing supervisory processes, the Central Bank of Azerbaijan (CBA) has imposed administrative fines on three Non-Bank Credit Organizations (NBCOs) and their executives.

For non-compliance with anti-money laundering and counter-terrorist financing (AML/CFT) legislation, SF Azerbaijan NBCO LLC and its executive officer were fined 50,000 AZN and 10,000 AZN, respectively, pursuant to a ruling by the Khatai District Court.

Additionally, due to regulatory non-compliance with the Law on Non-Bank Credit Organizations and reporting rules for the Centralized Credit Registry, executive officers of IDK NBCO LLC and Prior Credit NBCO JSC were fined 2,000 AZN and 3,000 AZN, respectively.