Shuttered: EU ditches summit 'family photo'

Shuttered: EU ditches summit 'family photo'
EU leaders pose for a family photo during the European Summit at the EU headquarters in Brussels on June 28, 2016 (AFP Photo/JOHN THYS)

EU founding fathers signed 'blank' Treaty of Rome (1957)

EU founding fathers signed 'blank' Treaty of Rome (1957)
The Treaty of Rome was signed in the Palazzo dei Conservatori, one of the Renaissance palaces that line the Michelangelo-designed Capitoline Square in the Italian capital

Merkel says fall of Wall proves 'dreams can come true'


“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013. They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)


"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

Tuesday, July 17, 2012

HSBC failed to act on money laundering, says US Senate

Investigation concludes that Europe's largest bank ignored warning signs about money-launderers and potential terrorists


The Guardian, Dominic Rushe in New York, Tuesday 17 July 2012

The HSBC headquarters in London. According to a US Senate investigation,
 the bank failed to act on money laundering. Photograph: Facundo Arrizabalaga/EPA

A hard-hitting US Senate investigation has concluded that HSBC, Europe's largest bank, ignored warning signs that its global operations were being used by money launderers and potential terrorists.

The findings of the investigation will be aired Tuesday in Washington when HSBC officials will be called to account for the actions. The Senate committee released a 340-page report prior to that meeting that catalogued lax controls at the bank's operations.

HSBC's Mexican division comes in for particularly hard criticism.

According to the report it continued to do business with "casas de cambio" – money-changing businesses – years after its rivals had stopped on fears that they were fronts for drug-cartel money laundering.

The report says that the Mexico business had a branch in the Cayman Islands that in 2008 handled 50,000 client accounts and $2.1bn in holdings – but had no staff or offices. It also shipped bank notes by car or aircraft to the HSBC in the US. The bank shipped $7bn to the US from Mexico in 2007 and 2008, according to the report.

The bank circumvented US sanctions on countries including Cuba and Iran, says the report. In one case examined by the committee, two HSBC affiliates processed 25,000 transactions involving $19.4bn over seven years without disclosing the transactions' links to Iran.

The bank provided US dollars and banking services to banks in Saudi Arabia and Bangladesh despite links to terrorist financing, says the report.

In another example of lax controls the report says HSBC cleared $290m over four years in suspicious US travellers cheques for a Japanese bank, benefiting Russians who claimed to be in the used car business.

"In an age of international terrorism, drug violence in our streets and on our borders, and organised crime, stopping illicit money flows that support those atrocities is a national security imperative," said senator Carl Levin, subcommittee chairman.

"HSBC used its US bank as a gateway into the US financial system for some HSBC affiliates around the world to provide US dollar services to clients while playing fast and loose with US banking rules."

In a statement on Monday night HSBC said: "We have learned a great deal working with the subcommittee on this case history and also working with US regulatory authorities, and recognise that our controls could and should have been stronger and more effective in order to spot and deal with unacceptable behaviour.

"We believe that this case history will provide important lessons for the whole industry in seeking to prevent illicit actors entering the global financial system.

"With a new senior leadership team and a new strategy in place since last year, HSBC has already taken concrete steps to augment the framework to address these issues including significant changes to strengthen compliance, risk management and culture."

The report is also highly critical of regulators. In 2010, the Office of the Comptroller of the Currency (OCC) cited HSBC for a number of deficiencies, including failure to monitor $60tn in wire transfer and account activity and a backlog of 17,000 unreviewed account alerts regarding suspicious activities. But subcommittee investigators found that the OCC had failed to take a single enforcement action against the bank over the previous six years.

HSBC's new chief executive Stuart Gulliver said to staff last week that he would apologise for the bank's past behaviour before what is expected to be a substantial fine.

"Between 2004 and 2010, our anti-money-laundering controls should have been stronger and more effective, and we failed to spot and deal with unacceptable behaviour," Gulliver told staff.

"HSBC's compliance culture has been pervasively polluted for a long time," Levin said. "Its recent change in leadership says it's committed to cleaning house. That commitment is welcome surely, but it will take more than words for the bank to change course. Just as certain is the need for tough regulation by the OCC."

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