Following article # 24 of the AML Law, FinTRACA has the power to enforce written warnings, revocation or suspension of a business license and impose on the reporting entity a fine not less than 50,000 and not more than 500,000 Afghanis. The following actions have been implemented to enforce compliance;
| 2018 | 2017 | 2016 | |
| Warning Letters issued to Banking Institutions | - | - | 5 |
| Warning Letters Issued to Money Service Providers | - | 4 | 55 |
| Warning Letters Issued to Electronic Money Institutions | 3 | - | - |
| Suspension Orders (MSPs) | 11 | 8 | - |
| Suspension Orders (FXDs) | 1 | - | - |
| Revoked Business Licenses (FXDs) | 1 | - | - |
| Revoked Business Licenses (MSPs) | 19 | 61 | 106 |
| Frozen Bank Accounts | 22 | 91 | 42 |
| Frozen Bank Accounts (Amount) | AFN 3,995 - USD 4,914 - EUR 99 | AFN 6,791,783 - USD 792,970 &
EUR 200 |
AFN 25 Million & USD 240 Thousands |
| Financial Penalties (Banking Institutions) | AFN 1,800,000 | AFN 3,550,000 | AFN 1,050,000 |
| Financial Penalties (MSPs) | AFN 1,829,500 | AFN 3,791,800 | AFN 3,233,300 |
| Financial Penalties(EMIs) | AFN 50,000 | - | - |
| Financial Penalties(FXDs) | AFN 100,000 | - | - |
Updated On: August 2018
