I obviously don't know what the codebase looks like, but

a) Haskell's reputation for terseness partially comes from its overrepresentation in academic / category-theoretic circles, where it's typically fine to say things like `St M -> C T`. But for real software it's a lot more useful to say things like `TransactionState Debit -> Verified Transaction` etc etc.

b) The other part of Haskell's terse reputation is cultural, something extending back to LISP: people being way too clever about saving lines with inscrutable tricks or macros. I imagine that stuff is discouraged at a finance company like Mercury in favor of clarity and readability: e.g. perhaps the linter makes you split monadic stuff into pedantic multiline do expressions even if you can do it in a one-liner with >> and >>=.