FINANCE

Alipay Fined by Luxembourg Regulator for Anti-Money Laundering Breaches

Published: Sep. 5, 2025 6:35 p.m. GMT+8

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Alipay’s European arm has been fined 214,000 euros (about $250,000) by Luxembourg’s financial regulator for violations of the country’s anti-money laundering and counterterrorist financing law.

The regulator, known as the CSSF, disclosed the penalty against Alipay (Europe) Ltd. SA Tuesday. The decision followed an onsite inspection conducted between June 2023 and January 2024, which uncovered compliance deficiencies. The fine was formally issued in May.

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What Happened When

Between June 2023 and January 2024：: An onsite inspection of Alipay (Europe) Ltd. SA was conducted by Luxembourg’s financial regulator (CSSF), uncovering compliance deficiencies.