Comment on BREAKING: Canary debanked by Lloyds
zabadoh@ani.social 1 week ago
Causes of de-banking in the UK:
Risk appetite: Some businesses presented an unacceptable level of business risk to banks to three of the UK’s major banks.
Financial crime prevention: Some accounts were closed due to financial crime concerns. Indeed, banks have a legal and regulatory obligation to stop/prevent money laundering and other financial crime.
Information sharing: Banks closed accounts due to being unable to complete their customer due diligence because of a lack of information sharing from customers.
mannycalavera@feddit.uk 1 week ago
Yup deffo AML check. Next they’ll complain that they asked why their funds have been withheld but weren’t given an answer IT MUST BE A CONSPIRACY! No, love, it’s AML laws.
triplenadir@lemmygrad.ml 1 week ago
“The money-laundering rules of the world’s foremost centre of financial corruption were certainly applied fairly by one of the world’s most corrupt banks, and the economic attack againt anti-state media is just a happy accident for both of them” is a really hard take to understand.
Why do you trust a) the UK financial regulators b) Lloyds c) any current or recent government not to be selective in enforcing laws if it helps silence opposition?
flamingos@feddit.uk 1 week ago
You don’t understand, Lloyd’s decision was clearly a direct order from our ZOG. Don’t you know, everything is connected.