Series G
Compliance Warning Hits Airwallex as Regulator Steps In
Australia’s financial crime watchdog, AUSTRAC, has told payments firm Airwallex to hire an external auditor. The regulator cited concerns that the company’s anti-money laundering and counter-terrorism financing controls may not be up to scratch. The move targets a period from January 2024 to the present. AUSTRAC said it suspects the firm’s monitoring systems aren’t fully…
