UK payment service providers could face new laws designed to combat illicit political donations after lawmakers grilled PayPal over its approach to handling payments to local political parties originating overseas.
PayPal executives were quizzed by parliament’s Digital, Culture, Media and Sport Committee’s Sub-Committee on Disinformation after the Brexit Party was told by the Electoral Commission earlier this year to examine £2.5m of donations received through channels including PayPal and forfeit those which could not be traced.
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