WhatsApp puts aside €240m for potential regulatory fines

The move comes as the business appeals a €225 million penalty levied last year by Ireland’s data watchdog for alleged ‘severe’ breaches of privacy laws

WhatsApp said it expected the regulatory issues with the DPC to be resolved in the next two years. Picture: Getty

WhatsApp has set aside nearly €240 million to pay for potential regulatory fines imposed by Ireland’s data watchdog at the same time as it battles the regulator in court to reduce a €225 million penalty levied last year.

The Meta-owned business recorded provisions for liabilities worth €238.75 million last year, newly filed accounts show. The allocation was prompted by a landmark €225 million fine imposed by the Data Protection Commission (DPC) in 2021 for alleged ...