NewsBite

AUSTRAC probes Afterpay for anti-money-laundering risks

Misa Han
Misa HanReporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Buy-now, pay-later fintech player Afterpay has been in talks with the regulator for "some time" about potential breaches of anti-money-laundering laws.

In an update to the Australian Securities Exchange on Thursday, Afterpay said it was "currently in dialogue" with the Australian Transaction Reports and Analysis Centre (AUSTRAC) about issues it raised about Afterpay's compliance with anti-money-laundering and counter-terrorism fianancing (AML/CTF) laws.

Loading...
Misa Han writes on news and business from our Sydney newsroom. Connect with Misa on Twitter. Email Misa at misa.han@afr.com.au

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Financial services

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/financial-services/austrac-probes-afterpay-for-anti-money-laundering-risks-20190606-p51v34