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Paypal's enforceable undertaking on anti-money laundering compliance accepted by Australian regulator

( March 17, 2023, 05:15 GMT | Official Statement) -- MLex Summary: Paypal's Australian unit has seen its court-enforceable undertaking on compliance with anti-money laundering and counter-terrorism financing law accepted by Australia's financial-crime regulator. In a media release today, the Australian Transaction Reports and Analysis Centre, said the enforceable undertaking is linked to Paypal's reporting on international funds-transfer instructions, following concerns raised by the regulator in 2019 prompted it to order PayPal to appoint an external auditor.The full statement from the  Australian Transaction Reports and Analysis Centre follows:...

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