POWERS TO ENFORCE COMPLIANCE


Pursuant to the provisions of Article 24 of the AML-PC Law and other applicable regulations, FinTRACA as the competent authority, possesses the necessary legal mandates to impose enforcement and deterrent measures. These measures encompass a wide range of corrective and disciplinary actions, including the issuance of formal warnings, the suspension or revocation of business licenses, and the removal of directors or senior officials of non-compliant financial institutions. Consequently, in order to uphold the rule of law and maintaining financial stability, the following enforcement actions have been implemented as part of the national Anti-Money Laundering (AML) strategy:

Type of Enforcements 2021 2022 2023 2024 2025
Warning Letters, Regulatory Notifications, and Instructions to Banking Institutions - - 2 26 28
Warning Letters Issued to MSPCOs - 16 2 1 -
Warning Letters Issued to EMIs - - - - -
Warning Letters Issued to MFIs - - - - -
Suspended Licenses of MSPCOs 43 19 3 3 104
Revoked Business Licenses Of MSPCOs 37 18 1 1 36
Frozen Bank Accounts 127 19 10 41 40
Frozen Bank Accounts (Amount) 34,913,197 AFN
1,311,381USD
3,980,675 AFN
5,440 USD
20,223,526 AFN
809 USD;
2,552 EUR
64,555,825 AFN
56,438 USD
119,570,953 AFN
2,924,848 USD;
127 EUR



Updated On: April, 2026