Block must pay the fine within 10 days and appoint a 12-month independent monitor, selected by DFS, to overhaul its AML, sanctions and transaction monitoring programs

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Block must pay the fine within 10 days and submit to a 12-month independent monitor selected by DFS to overhaul its AML, sanctions, and transaction monitoring programs
The settlement requires Block to hire an independent monitor, the regulator said in the statement.

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