The Bank Supervision Committee of the Central Bank applied penalty sanctions against 8 banks in September. The regulator's press service reported this. During the month, the committee held 8 meetings, reviewed a total of 37 issues, and made appropriate decisions.

In particular, 21 issues were discussed in the registration and licensing direction. Specifically, 2 issues regarding the registration of amendments introduced to the charters of credit organizations, and 7 issues regarding the registration, accreditation of microfinance organizations, and issuing a license to a payment organization were reviewed.

Also, 3 issues on granting permission to own a share in the statutory fund of credit organizations, and 9 issues on reviewing candidates for members of the supervisory board, management board, and key personnel of commercial banks were discussed. In addition, 16 issues related to the financial condition of credit and payment organizations were reviewed.

In particular, issues of compliance with Central Bank instructions and prudential standards, the results of inspection audits, and the testing of financial services within the framework of the "regulatory sandbox" were discussed.