Australia probes PayPal over child abuse payments | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Australia probes PayPal over child abuse payments

Australian authorities will be investigating PayPal over alleged breaches of the country’s anti-money laundering and counter-terrorism financing laws. – EPA file pic, September 24, 2019.

AUSTRALIA’S financial regulator today ordered an investigation into global money transfer platform PayPal over concerns it is being misused by sex offenders to buy child abuse material from Asia. The Australian Transaction Reports and Analysis Centre will appoint an external auditor to examine what it calls “ongoing concerns” over PayPal’s alleged breaches of the country’s anti-money laundering and counter-terrorism financing laws.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australia probes Paypal for money laundering, terror law complianceSYDNEY: Australia’s financial intelligence agency on Tuesday ordered an audit of global money transfers by digital payments giant PayPal Holdings Inc amid concerns they are facilitating serious crimes, including child exploitation.
Source: NST_Online - 🏆 17. / 53 Read more »

PayPal under probe for misuse by child sex exploitation ringsAustralia's financial regulator raise concerns over money transfer platform’s alleged breaches of country's laws. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »

What's new on The Malaysian Insight on 09/23/2019
Source: msianinsight - 🏆 8. / 63 Read more »

What's new on The Malaysian Insight on 09/24/2019
Source: msianinsight - 🏆 8. / 63 Read more »

Italy investigates 15 over alleged prisoner abuse | The Malaysian Insight4 of the prison officers under probe suspended last week.
Source: msianinsight - 🏆 8. / 63 Read more »

IGP urged to explain call for inquest over criminal probe into police shooting | The Malaysian InsightThe coroner is required only when there is uncertainly over the cause of death, says Lawyers for Liberty adviser.
Source: msianinsight - 🏆 8. / 63 Read more »