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Yes I totally agree... yes there is short term...

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    Yes I totally agree... yes there is short term uncertainty...some of the reactions and fears are way exaggerated imo

    While AML issues are very serious... it is actually very common in the banking industries... and CBs and governments around the world know that... they understand that it is actually impossible to completely stamp it out... so they continuously work with banks to better controls.

    Over the long term... I look to the whole Banking royal commission saga in Australia... all the dirt that was dug up... charging fees for no service... turning a blind eye to money laundering... even some mentions of terrorist fundings... share prices got smashed... and look at it now... not even 3 years since the Royal clown show and bank shares are at a record high

 
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