Anti-Financial Crime & Financial Crime Compliance
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AML, Compliance, EU/Europe

‘Remediation is underway,’ EML CEO says firm will fix all pivotal AML issues by Q2 of next year

By Dan Byrne for AMLi

Australian fintech EML Payments plans to completely resolve its very costly AML shortcomings by the end of March next year.

The global payment company’s fortunes spiralled into nightmare territory in late May when it emerged that the Central Bank of Ireland was considering action against it over compliance and governance concerns.

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