Ann: ASX Query Letters re ISX suspension & termination by Visa, page-220

1. Wouldn't Visa EU have done diligence on iSignthis before coming to an agreement to integrate. 'Serious concerns' should actually read they are not doing what they agreed to do when the agreement was made. Anomaly doesn't sounds very factual.
2. Risk is open to interpretation. What type of risk are they concerned about? Reputation risk? Reputation risk Vs reward of doing business.
3. Shouldn't they say that ISX AML doesn't comply with legislation or regulation? This all sounds like opinions and not fact.
4. The fact that ASX know about this is also fishy. Glad to see doing business with Visa is kept confidential. Same goes with ASIC.
5. It seems interesting that Mastercard, Diners haven't got a concern. Also seems strange.