Instruction n°006-05-2018 du 16 mai 2018 fixant les modalités d'application des sanctions pécuniaires prononcées par la Commission Bancaire de l'UMOA à l'encontre des établissements de crédit de l'UMOA (Instruction on applying the Banking Commission's pecuniary sanctions to UMOA credit institutions)
Divides infractions into three categories and caps fines at FCFA 300 million for banks and FCFA 90 million for financial establishments with a banking character (Arts. 2-4). The BCEAO collects the fines (Art. 5).
The Reserve Bank of India imposed a monetary penalty of ₹3.10 lakh on Ola Financial Services Private Limited for non-compliance with KYC directions under the Payment and Settlement Systems Act, 2007. Following a…
This site uses only the cookies it needs to work, such as keeping you logged in. It uses no advertising or tracking cookies.
Read the Cookie Notice.
Suggest a correction or addition
Spotted something wrong, missing or worth adding? Tell our editors. Every submission
is reviewed and verified against its source before anything changes — nothing you send appears on the
site automatically.
Thank you — our editors will review this
Your suggestion has been received. Contributions from practitioners keep these profiles accurate. Nothing appears on the site until an editor has verified it against its source.
