ADGM's Financial Services Regulatory Authority imposes a financial penalty of USD 486,000 on Pyypl Ltd for inadequate Anti-Money Laundering controls
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has imposed a financial penalty of USD 486,000 (AED 1,784,835) on Pyypl Ltd (Pyypl), a licensed money service provider operating in ADGM, because, during the period from
Abu Dhabi Abuz Aby United Arab Emirates Emmanuel Givanakis Financial Services Permission Financial Services Regulatory Authority
Source: emirates247.com