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FCA probes Airbnb over financial crime controls

FCA

Reading Time: 2 minutesUK: UK regulator and City watchdog, The Financial Conduct Authority [ FCA ], has been investigating Airbnb’s money-laundering and counter-terrorist financing controls, it was revealed in the platform’s S-1 filing last week for a projected initial public offering [ IPO ] next month. The FCA scrutinised Airbnb over concerns that the UK division’s safeguarding controls […]