Tag: law

PayPal, one of the⁣ world’s largest online payment⁣ processors, ⁣has taken a significant step towards compliance with anti-money laundering (AML) ‌regulations by registering with the Financial Intelligence Unit (FIU). Under ‌the AML law, financial institutions and payment processors are required ​to implement strict measures to prevent money laundering and terrorist financing. By registering with the…