Tsesnabank fined

/KASE, May 23, 2016/ – Tsesnabank (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE of the following: quote ... based on the decision of the Specialized Interdistrict Administrative Court of Astana dated May 3, 2016, for committing an administrative violation stipulated in parts 1, 4 of Article 214 of Kazakhstan's Administrative Violations Code (violation of the Act of the Republic of Kazakhstan on counteraction to legalization (laundering) of proceeds from crime and financing of terrorism) the Bank was subjected to an administrative sanction in form of an administrative fine. unquote [2016-05-23]