Money laundering: Block, Inc. agrees to pay a fine of $80 million : Orishas-finance

Version Française

Money laundering: Block, Inc. agrees to pay a fine of $80 million

16/01/2025

Source : ORISHAS FINANCE

Categories: Compliance

imprimer

Money laundering: Block, Inc. agrees to pay a fine of $80 million

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

Dans un contexte de violations of laws against money laundering through its mobile payment service, Cash App, Block, Inc., was fined $80 million.

Block, Inc., a fintech firm has agreed to pay a fine of $80 million to a group of 48 state financial regulators. As part of this settlement, Block will engage an independent consultant to review its anti-money laundering program and the Bank Secrecy Act, and report to the states on any deficiencies found. Likewise, it agreed to take corrective actions internally, according to the Conference of State Bank Supervisors, which announced the settlement

Provided by AWS Translate

0 COMMENTAIRE

Vous devez être membre pour ajouter un commentaire.
Vous êtes déjà membre ? Connectez-vous
Pas encore membre ? Devenez membre gratuitement

Dans la même rubrique

17/01/2025 - Conformité

Voir aussi

Exploitation minière illégale : trois citoyens chinois condamnés à sept ans de prison au Congo

17/01/2025 - Conformité

NEWS FINANCIÈRES