Why is it easier to mistrust ISX in the absence of proof then it is to trust?, page-7

At least ISX is still listed in the registry

I was looking for information on the AML compliance requirements and found this:
https://www.psr.org.uk/sites/default/files/media/PDF/Visa-Compliance-Report.pdf

It's from PSR's website, so I believe the information can be trusted.

This is the section of interest:
3. Anti-Money Laundering (AML) Review
As illustrated in the table above, Visa Europe conducts AML reviews on certain types of applicants, namely
applicants for Principal, VPAY and Cash Disbursement classes of membership. These reviews include, for
example, the member’s AML programme; such reviews enable Visa Europe to prevent the use of the Visa
Europe system to facilitate money laundering. Principal Members are responsible for ensuring that any
member they sponsor complies with applicable laws. Once membership is granted, Principal Members are
required to complete an AML Self-Certification on a periodic basis, depending on the AML risk rating
assigned to the Member (i.e. Heightened or Standard) which ensures any new risks are captured and
addressed on an ongoing basis. The AML review requirements are set out in the Visa Europe AML process
which is aligned with the Money Laundering Regulations 2007 and guidance notes.
The AML Policy and process ensure the AML review is conducted in an objective and non-discriminatory
manner. The level of due diligence, set out in the policy and process documentation is completed by Visa
Europe is dependent on the nature of the relationship (i.e. the class of membership being applied for/
held) and is therefore proportionate to the potential level of risk and the requirements set out in the
Money Laundering Regulations. For example the Money Laundering Regulations allow for reliance and as
such, Visa Europe sets AML due diligence requirements to classes of membership accordingly.

So, IMO I think it's just an administrative step that's been delayed either because of the COVID-19 lockdown or some fault of ISX's.
I don't think it's a big problem and hopefully it can be sorted soon - but who knows? We've seen so much drama in the last 8 months!

I also observed that the information on the status page was last updated on 1 May 2020, so anything that's changed in the last 2 weeks may not be reflected there.