AUSTRALIA’S financial crime regulator said today (Friday) it accepted an enforceable undertaking from payments giant PayPal Holdings’ local unit to ensure its compliance with the country’s anti-money laundering and counter-terrorism financing laws. In 2019, AUSTRAC, which is tasked with ensuring compliance with the laws, had ordered PayPal Australia Pty Ltd to appoint an external auditor…
This content is for members only. Visit the site and log in/register to read.
The post NEWS: Australian regulator accepts PayPal unit’s undertaking for money laundering laws appeared first on AML Intelligence.
0 comments on “NEWS: Australian regulator accepts PayPal unit’s undertaking for money laundering laws”