Thursday, 3 May 2012

#HSBC MASSIVE GLOBAL MONEY LAUNDERING #OTB



END THE FED ... it's the only way; no more FAKE FIAT MONEY SYSTEMS CONTROLLED BY THE BANKSTERS; here's the Fed's take on REGULATION of MONEY LAUNDERERS


Reuters) - In April 2003, the Federal Reserve Bank of New York and New York state bank regulators cracked the whip on HSBC Bank USA, ordering it to do a better job of policing itself for suspicious money flows. Staff in the bank's anti-money laundering division, according to a person who worked there at the time, flew into a "panic."


The U.S. unit of London-based HSBC Holdings Plc quickly rallied. It hired a tough federal prosecutor to oversee anti-money laundering efforts. It installed monitoring systems for operations that had grown unwieldy during the bank's U.S. expansion. The aim, as HSBC said in an agreement with regulators at the time, was to "ensure that the bank fully addresses all deficiencies in the bank's anti-money laundering policies and procedures."


Nearly a decade later, the effort has failed to satisfy law-enforcement officials.
The extent of that failure is laid out in confidential documents reviewed by Reuters that originate from investigations of HSBC's U.S. operations by two U.S. Attorneys' offices.
These documents allege that from 2005, the bank violated the Bank Secrecy Act and other anti-money laundering laws on a massive scale. HSBC did so, they say, by not adequately reviewing hundreds of billions of dollars in transactions for any that might have links to drug trafficking, terrorist financing and other criminal activity. ... (continues) ..."


Source:


http://www.reuters.com/article/2012/05/03/us-hsbcusa-probes-idUSBRE8420FX20120503

The White Rabbit comments ... TWO LEGAL SYSTEM; unconstitutional; BANKERS involved in MONEY LAUNDERING need JAILING, and the BANKSTERS, NEED HANGING.

Only difference between The White Rabbit and the Fed, is that WE GIVE DUE PROCESS. ;)  Big on that, The White Rabbit ... UNLIKE THE SCUMBAG BANKSTERS ... WHO ARE KILLING YOU


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3 comments :

  1. #Anonymous HSBC http://3.bp.blogspot.com/__ymOLxS-i3M/TGsjKBw5-eI/AAAAAAAAADo/dJ9dsQLWr2g/s1600/HSBC+File.jpg I stumbled accross this from the OTB site and now looking back for the link. @occupyofficial

    ReplyDelete
    Replies
    1. Hiya, thanks for your interest.

      I think you will find such documents within Operation Blackheath tagged posts; #OpBLACKHEATH

      Original provenance most likely (not time to check, sorry) "The White Hats", do please try to raise their profile in any way you can:

      http://www.tdarkcabal.blogspot.co.uk

      Petition site (not operated by The White Hats, but by two brave Brits backing up Lord Blackheath's call for an investigation), do please also promote it in any way you can:

      http://www.15trillionfraud.co.uk

      Delete
  2. You are provide the interesting information about HSBC and money laundering.This post is provided the better information.

    ReplyDelete

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