Regulatory · BNPL · 2024

Klarna fined $45.6M for AML compliance violations

Klarna issued AML compliance fine affecting Swedish Financial Supervisory Authority on December 11, 2024.

Primary
Klarna
Counterparty
Swedish Financial Supervisory Authority
Amount
$46M
Structure
AML compliance fine
Date
December 11, 2024
Sub-sector
BNPL

Regulatory penalty for AML deficiencies ahead of Klarna's US IPO signals heightened fintech scrutiny and compliance expectations.

Primary company
Klarna
Amount
$46M
Event date
December 11, 2024
Sub-sector
BNPL
HQ
Not disclosed
Structure
AML compliance fine
Source published
December 11, 2024
Publisher
American Banker

Source: americanbanker.com