People's Bank of China fines Ant Group ~$984M for violations in payment, settlement, anti-money laundering, and fund sales businesses, ending a years-long probe (Bloomberg)




Bloomberg:

People’s Bank of China fines Ant Group ~$984M for violations in payment, settlement, anti-money laundering, and fund sales businesses, ending a years-long probe  —  Chinese regulators imposed a 7.12 billion yuan ($984 million) fine on Ant Group Co., according to a statement from the central bank …





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