(no subject)

EFTA00829879

little intl attention. lux authorities will be very unhappy as well as internal people.. GO SLOWS all decision should be run by kathy , pr , can come back to bite you , if not very careful

In any case, impossible to leave bk s internal organisation as is . Will need to reorg & strengthen legal&compliance out of Gva headquarters ( likely have one head of legal and one of compliance) and not locally in Lux .

Also review audit committee who went along and never questioned client and funds provenance And I m conscious i II get the heat for this ( knowing B demanded that i make sure not to "unsettle Marc ")

agreed, . lets try to use the shake up to your advantage. , each step however must be thoughtful. in order to protect liability. I will return from seatlle to stthomas sat morning. if you want to stop on your way home. . ? any rockefeller news? i return to my original, surround yourself with a cabinet of advisors , who have strong experience and views on the future

Agreed - part of the lux board mbers have to be thanked as totally useless Btw, our fat lawyer is also Jerome Kahuzac s lawyer - one of the many french politicians in Panama papers. tv report came out ...cousins+ macron are trying to frame us and divert the heat. Not a single sign of B - no surprise there I m planned to fly back saturday but thinking of going earlier-

Lux regulator gets every yr from every bk the list of " politically exposed clients " KAQ was obviously one

understood. spoke at length with kathy, feel free to call her. go home and begin , lots to do , and all delicate

the structure having compliance report to the ceo is one of the major issues . since he was dirty, core problem. how did the lux bank regulator approve