The Central Bank of Azerbaijan (CBA) has brought an official of “CİBPay” LLC to administrative responsibility.
Modern.az reports this citing the CBA.
Specifically, an official of “CİBPay” LLC was fined 1,000 manats by the regulator for the incorrect submission of prudential reports to the Central Bank of the Republic of Azerbaijan, in accordance with Article 439-2.4 of the Code of Administrative Offenses of the Republic of Azerbaijan.