Klarna, the Swedish buy-now-pay-later provider, has been fined SKr 500m ($45.6m) for violating anti-money-laundering (AML) regulations.
The fine was levied by Finansinspektionen, the Swedish Financial Supervisory Authority, after an investigation into Klarna’s compliance measures connected with AML regulations, risk requirements, and customer due diligence between April 1, 2021 and March 31, 2022.
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