Don't know what your experience are and why you think its the job of the banks to be some kind of ASIO.
The fact is banks are NOT privy to criminal or terrorist information that our State, Federal and ASIO are.
Their sole role is to report transfer of over $10k - that is it.
Do you actually know how many $10k transfer are made EACH and EVERY Day?
Just to give you an idea - when I was a junior (over 20 years ago now), I had an internship with one of the banks. I was actually assigned to the Forex settlement department, processing daily international daily (only international) transactions.
We (our team) processed tens of thousands of transactions every single day and the total each and every day was some 8 Billion AUD - and that was some 20 years ago - and no, it was not with CBA and that was only from one bank.
I can't imagine the number that is going through the system now - at least in the hundreds of Billions every day - and there must be hundreds of thousands of transactions every single day.
All CBA failed to do was to inform AUSTRAC in a timely manner (24 hours notice) about certain transactions that exceeded $10k. CBA (nor any bank for that matter) has no prima facie evidence on who is a criminal. Even the justice department would spend years building up their case and then spend many months trying to prove it in a court of law.
The banks don't have a criminal data base on who is a criminal and who is not. Their role is to facilitate the transfer of HUNDREDS OF BILLION of dollars each and every day.
Even in these silly articles; all they can point to were a few examples of these transfers being used by criminals to conduct their criminal enterprise, which means the vast majority of those 50k plus in transactions that was NOT notified to the authority in a timely manner were legitimate transfers.
The market have digested these information and have passed their judgement in both September and today.
The market and most of us have moved on - you only need to read the reaction of the market today to know what it thinks of it - its really old news - nothing more than a storm in a teacup.
Only shorters like yourself, who is losing money, feel a need to reharsh it - time and time again.
CBA Price at posting:
$80.44 Sentiment: Buy Disclosure: Held
(20min delay)