so the u.s. was unaware when of these payments one. senior officials at hsbc headquarters at blonden from 2001 to 2007 new that affiliate s in england and the middle east, the h. b. m e were sending undisclosed payments through their accounts but didn t stop them or in a forum where them of the extent of the activity so they knew that there affiliate s were hiding key information from each other. at hbus they were on notice as early as 2001 that the stripping was occurring and took no decisive action to stop the war. they stopped occasional wire transfers from iran but the words, quote, do not use our name in new york. so, first one mr. bagley, the european and middle east affiliate s, why wasn t hbus told? what possible justification is there for not telling an affiliate that the key information so they can comply with their own law to be removed it s a very good question, senator. my understanding of the position was that hbu was checking each one of those transactions to