Payments Firm Fined Record £23.8M For AML Failings

By Lucia Osborne-Crowley · January 7, 2021, 1:02 PM GMT

The U.K. government said on Thursday that it has slapped a money transfer company with a record £23.8 million ($32.3 million) fine for "significant breaches" of anti-money laundering regulations.

HM Revenue...

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