Towards the end of 2021, for the third time, we analysed how the fines imposed by the Supervisor changed, which sectors were affected by the largest fines, and what the Supervisor called on the financial sector participants. The deficiencies observed are similar to those of previous years. Based on these, institutions should also put greater emphasis on IT security, the prevention of money laundering, the management of credit risk and the correct calculation of capital adequacy, the appropriate information provision to MNB, the handling of complaints and corporate governance aspects.
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