By Elizabeth Hearst for AMLi
German payment processor Unzer has been banned from onboarding new customers by the country’s regulatory watchdog, BaFin.
The regulator has also appointed special representatives, and has ordered the firm to take measures to fully comply with its AML obligations, and to ensure “proper business organisation.”
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
