– default of the Financial Supervision Authority within the statutory time limit information on the total value and number of payment transactions executed in the fourth quarter of 2014. In 2014. In the first quarter of 2015. or in the third quarter of 2015. or
– not submitting the FSA statutory deadline document confirming the conclusion of another agreement guarantees banking or insurance or insurance contract before the expiry of the previous contract, stated in a press release.
the Commission said that sanctioned the office of payment services to 17 individuals engaged in business activities for which the provision of payment services are ancillary activities. In the case of repeat violations of duties by the office of payment services, the KNF will consider imposing higher penalties.
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