Ann: ASX Query Letters re ISX suspension & termination by Visa, page-26

Given that my capital is tied up with ISX, I have a vested (biased) interest in hope that ISX come out of this OK. My recollection is that ISX have not admitted to ASX that the Visa relationship was suspended due to anti-money laudering concerns (whether valid or not). My interpretation is that ISX denied knowing why they were suspended implying that they were not aware of Visa's determination that they presented and AML risk. I think that this information is market sensitive and probably would justify ASX suspending them until this issue is cleared up.

I think ISX could have been more transparent here. We spend a lot of time comparing ISX to Westpac. Westpac are guilty of AML breaches, but maybe the difference here is that their shareholders are informed, whereas ISX seems to only want to inform where it meets its narrative.

Tell me i'm worng, but tell me why.