Regulatory Alerts2026-01-28 | CDMF-IV-1-26General Rule on Imposition of Fines on Banking Entities and Other Supervised Natural and Legal Persons
The Monetary and Financial Board of Nicaragua approved Resolution CDMF-IV-1-26, establishing a general rule for imposing administrative fines on supervised banking entities and individuals for regulatory infractions. The regulation defines specific categories of minor, moderate, and serious violations, linking penalty amounts to percentages of the supervised entity's equity based on the gravity of the offense. It further outlines criteria for aggravating and mitigating circumstances and empowers the Superintendent to apply sanctions for failures in reporting, governance, and compliance with anti-money laundering laws.
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