Sources: Tencent is facing a record fine after Chinese regulators found WeChat Pay flouted anti-money-laundering rules and had other regulatory lapses (Jing Yang/Wall Street Journal)

Jing Yang / Wall Street Journal:
Sources: Tencent is facing a record fine after Chinese regulators found WeChat Pay flouted anti-money-laundering rules and had other regulatory lapses  —  China's central bank found regulatory breaches and lapses during a recent inspection of the ubiquitous payments network