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British subsidiary of beleaguered Prepaid Financial Services hit with nearly £1M (€1.19M) fine by UK regulator

By Alisha Houlihan for AMLi

The British arm of Prepaid Financial Services (PFS) has been fined nearly £1M (€1.19M) by a UK regulator.

Its parent company is currently under investigation by the Irish Central Bank over anti-money laundering concerns.  

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