Worldline Calls Anti-Crime Control Uneven, Plans Divestment
Worldline SA, a financial services company, has announced plans for divestment after a review found "uneven" implementation of anti-financial-crime controls across the company. The review was conducted in the wake of allegations that the company had turned a blind eye to fraud. The company acknowledged that its implementation of controls to combat financial crimes was not consistent throughout the organization. This discovery has prompted Worldline to reevaluate its operations and pursue divestment as a means of addressing the identified issues. The announcement highlights the importance of robust and uniform anti-crime measures in the financial services industry. Worldline's decision to take corrective action reflects its commitment to addressing the concerns raised and strengthening its overall compliance framework.
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