Discover and read the best of Twitter Threads about #transcomglobal
Most recents (1)
@ArmitageJim @premnsikka 1/ The curious case of “disguise, I see thou art a wickedness” [Viola, Twelfth Night] - PART 1 of 2: <Background>. On 22/Oct/2021 #ClearBank froze the accounts of @theFCA’s notorious #Emoney op #Viola Money(Europe) Ltd “VMEL”, … 
2/ citing “financial crime concerns” + informed the slumbering UK regulator (@theFCA). A week later VMEL’s Estonian bank (#LHV) issued 2 months termination notice to VMEL. 4 days later (on 2/11/2021) the FCA finally issued a pitiful ‘1st supervision notice’ BUT astonishingly …
3/ still allowed VMEL to carry out unsupervised ‘individual transactions’ of <£5k (remember this + this date for Part 2). 6 days later astonishingly the FCA reportedly backtracked + rescinded even the conditions of it’s pitiful ‘1st supervision notice’ (#BigLaw no doubt …
