Afterpay hires auditor for AUSTRAC review

Afterpay Touch says it has appointed the external auditor who will conduct an AUSTRAC-ordered review of its compliance with financial crime legislation.

The buy now, pay later provider says Neil Jeans of Melbourne-based Initialism – which specialises in money-laundering and terrorism funding issues – will undertake the audit.

Mr Jeans was one of the three specialist auditors nominated by Afterpay following AUSTRAC’s June order for the audit, with an interim report due by September 24.

AAP

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