Revolut fined €3.5mn over money laundering control failures
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lithuanian regulators have hit Revolut with a €3.5mn fine over failings in its money laundering processes, marking the UK fintech’s largest financial penalty. The Bank of Lithuania — which regulates Revolut’s operations in Europe along … Read more