TikTok has notified the Central Bank of Ireland of potential non-compliance with sanctions. The Chinese social media giant informed the Central Bank, as well as UK authorities, on a voluntary basis in April of the issues it identified and that it was investigating. The exact nature of the sanctions issue is not known. The company disclosed the matter as one of its contingent liabilities in the accounts for its main UK unit where it said it was “investigating a potential issue relating to its compliance with applicable sanctions regulations”. It alerted the Central Bank of Ireland and the UK’s Office…

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