UK Financial Watchdog Opens Probe into Euro Exchange Securities UK for Alleged Money Laundering Failures

05:32 AM EDT, 09/17/2026 (MT Newswires) -- The UK's financial regulator opened an investigation into e-money institution Euro Exchange Securities UK over alleged money laundering-related failures. The Financial Conduct Authority said Thursday the probe covers potential offenses committed by the company under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 between February 2020 and June 2026. It also said the company may have failed to establish and maintain policies, controls and procedures to mitigate and manage the risks of money laundering effectively. The company's operations were shut down by the FCA in June over concerns about its potential links to money laundering.