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‘Are you related to Eamon Ryan?’- Revolut asked customer if he was linked to politician, blocked his account for not answering

Premium February 22, 2021
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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

By Vish Gain for AMLi

In an unexpected consequence of the EU’s 4th AML directive, an Irish user of the UK-based banking app Revolut was asked by the company if he was related to an Irish politician — all because they shared the same surname.

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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

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