ABCDEFGHIJKLMNOPQRSTUVWX
1
2
3
4
This material was prepared by Karen Petrosyan (Armenian State University of Economics in Gyumri) for the Ethics & Finance course within the project Localizing Economic Education for V4 Countries and Beyond. The project was co-financed by the governments of Czechia, Hungary, Poland and Slovakia through Visegrad Grants from the International Visegrad Fund. The mission of the fund is to advance ideas for sustainable regional cooperation in Central Europe. See https://visegrad.webflow.io/ for more information.
5
6
7
8
9
Enforcement of Financial Regulations - Sanctions in ARMENIAData source
10
Data sources (annual reports, dedicated sections on the website, information shared by enforcers)Dedicated sections on the website
11
Type of sanctions: administrative or penalAdministrative
12
Verdict characteristics: fines, warning, blame, ban from activity, …Fines
13
Publication of sanctions on the website (Y/N)N
14
Anonymization of sanctioned legal or natural persons (systematic, occasional, conditions)
15
Comments
16
Administrative fines:
17
Number of sanctions (total 2023, as nb)57https://old.cba.am/am/SitePages/fscpunishments.aspx?Category=&pDate=2023
18
Number of sanctions (total 2022, as nb)57https://old.cba.am/am/SitePages/fscpunishments.aspx?Category=&pDate=2022
19
Number of sanctions (total 2021, as nb)44https://old.cba.am/am/SitePages/fscpunishments.aspx?Category=&pDate=2021
20
Number of sanctions (total 2020, as nb)61https://old.cba.am/am/SitePages/fscpunishments.aspx?Category=&pDate=2020
21
Number of sanctions (total 2019, as nb)71https://old.cba.am/am/SitePages/fscpunishments.aspx?Category=&pDate=2019
22
Number of sanctions (total 2018, as nb)69https://old.cba.am/am/SitePages/fscpunishments.aspx?Category=&pDate=2018
23
Number of sanctions (total 2017, as nb)1https://old.cba.am/am/SitePages/fscpunishments.aspx?Category=&pDate=2017
24
Number of sanctions (total 2016, as nb)0https://old.cba.am/am/SitePages/fscpunishments.aspx?Category=&pDate=2016
25
Number of sanctions (total 2015, as nb)0https://old.cba.am/am/SitePages/fscpunishments.aspx?Category=&pDate=2015
26
Number of sanctions (total 2014, as nb)0https://old.cba.am/am/SitePages/fscpunishments.aspx?Category=&pDate=2014
27
Average fine (as EUR, 2023)45886857,89
28
Average fine (as EUR, 2022)30883045,61
29
Average fine (as EUR, 2021)279381118,2
30
Average fine (as EUR, 2020)11868316,39
31
Average fine (as EUR, 2019)10905600
32
Average fine (as EUR, 2018)7895228986
33
Average fine (as EUR, 2017)566082100
34
Average fine (as EUR, 2016)#DIV/0!
35
Average fine (as EUR, 2015)#DIV/0!
36
Average fine (as EUR, 2014)#DIV/0!
37
Cumulated fines (2023, as EUR)26155509https://statbank.armstat.am/pxweb/en/ArmStatBank/ArmStatBank__2%20Population%20and%20social%20processes__29%20Legal%20issues__2904-ls-oc/ps-ls-oc18.px/table/tableViewLayout1/
38
Cumulated fines (2022, as EUR)17603336https://statbank.armstat.am/pxweb/en/ArmStatBank/ArmStatBank__2%20Population%20and%20social%20processes__29%20Legal%20issues__2904-ls-oc/ps-ls-oc18.px/table/tableViewLayout1/
39
Cumulated fines (2021, as EUR)122927692https://statbank.armstat.am/pxweb/en/ArmStatBank/ArmStatBank__2%20Population%20and%20social%20processes__29%20Legal%20issues__2904-ls-oc/ps-ls-oc18.px/table/tableViewLayout1/
40
Cumulated fines (2020, as EUR)7239673https://statbank.armstat.am/pxweb/en/ArmStatBank/ArmStatBank__2%20Population%20and%20social%20processes__29%20Legal%20issues__2904-ls-oc/ps-ls-oc18.px/table/tableViewLayout1/
41
Cumulated fines (2019, as EUR)7742976https://statbank.armstat.am/pxweb/en/ArmStatBank/ArmStatBank__2%20Population%20and%20social%20processes__29%20Legal%20issues__2904-ls-oc/ps-ls-oc18.px/table/tableViewLayout1/
42
Cumulated fines (2018, as EUR)5447708https://statbank.armstat.am/pxweb/en/ArmStatBank/ArmStatBank__2%20Population%20and%20social%20processes__29%20Legal%20issues__2904-ls-oc/ps-ls-oc18.px/table/tableViewLayout1/
43
Cumulated fines (2017, as EUR)5660821https://statbank.armstat.am/pxweb/en/ArmStatBank/ArmStatBank__2%20Population%20and%20social%20processes__29%20Legal%20issues__2904-ls-oc/ps-ls-oc18.px/table/tableViewLayout1/
44
Cumulated fines (2016, as EUR)6305831https://statbank.armstat.am/pxweb/en/ArmStatBank/ArmStatBank__2%20Population%20and%20social%20processes__29%20Legal%20issues__2904-ls-oc/ps-ls-oc18.px/table/tableViewLayout1/
45
Cumulated fines (2015, as EUR)6739267https://statbank.armstat.am/pxweb/en/ArmStatBank/ArmStatBank__2%20Population%20and%20social%20processes__29%20Legal%20issues__2904-ls-oc/ps-ls-oc18.px/table/tableViewLayout1/
46
Cumulated fines (2014, as EUR)6909259https://statbank.armstat.am/pxweb/en/ArmStatBank/ArmStatBank__2%20Population%20and%20social%20processes__29%20Legal%20issues__2904-ls-oc/ps-ls-oc18.px/table/tableViewLayout1/
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100