dshf on Nostr: I am sorry Lyudmila but this is a feature not a bug. As long it is “our dictator” ...
I am sorry Lyudmila but this is a feature not a bug. As long it is “our dictator” Avery thing is fine. If any of western banks get caught like CreditSuisse RIP bastards my my favorite HSBC they get fined and go free. This is part of the system. While when your foundation has my accounting isssues for 10 EUR you will get prosecuted.
🔴 The real problem:
Current #AML regime relies on 'trust' with authoritarian and dictatorial states. This enables:
• Sanctions circumvention through banks controlled by them and their allies
• Abuse of Western legal systems to silence critics
🔴 AML/CFT laws impact on legitimate actors:
• Excessive compliance costs for Western businesses
• Financial barriers for NGOs & humanitarian aid
• Continued global financial exclusion and repressions
🔴 The real problem:
Current #AML regime relies on 'trust' with authoritarian and dictatorial states. This enables:
• Sanctions circumvention through banks controlled by them and their allies
• Abuse of Western legal systems to silence critics
🔴 AML/CFT laws impact on legitimate actors:
• Excessive compliance costs for Western businesses
• Financial barriers for NGOs & humanitarian aid
• Continued global financial exclusion and repressions