From: Sent: Thursday, April 7, 2016 1:51 AM To: jeffrey E. Subject: Re: Yes On 06 Apr 2016, at 19:27, jeffrey E. <[email protected] <mailto:[email protected]» wrote: lots to do, lots! On Wed, Apr 6, 2016 at 9:18 P wrote: Lux regulator gets every yr from every bk the list of " political=y exposed clients " . KAQ was obviously one On 07 Apr 2016, at 02:15, jeffrey E. <[email protected] <mailto:jeevacation@gmai=.com> > wrote: the structure having compliance report to the ceo&nb=p; is one of the major issues . since he was dirty, = core problem. how did the lux bank regulator appr=ve On Wed, A•r 6, 2016 at 5:22 PM In any case, impossible to leave bk s internal organisation as is . Wi=l need to reorg & strengthen legal&compliance out of Gva hea=quarters ( likely have one head of legal and one of compliance) and not lo=ally in Lux . Also review audit committee who went along and never questioned client=and funds provenance And I m conscious i II get the heat for this ( knowing B demanded that=i make sure not to "unsettle Marc ") EFTA_R1_00128278 EFTA01794250