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From form 10-k
Prior to the October 2007 reorganization, Visa operated as five corporate entities related by ownership and membership: Visa U.S.A., Visa International Service Association ("Visa International" comprising the operating regions of Asia Pacific ("AP"), Latin America and Caribbean ("LAC"), and Central and Eastern Europe, Middle East and Africa ("CEMEA")), Visa Canada Inc. ("Visa Canada"), Inovant LLC ("Inovant"), and Visa Europe Limited ("Visa Europe"). See Note 2—The Reorganization. Beginning October 1, 2007, the Company's consolidated results include Visa U.S.A., Visa International, Visa Canada and Inovant.
I think the prior poster agrees with me on the Visa and possible AML issues because of USA law. USA law is applicable because of VISA's location.
The executive office of the underlying corporation (epass) may not be USA located. My argument is that the principals have a presence in the USA and would fall under USA laws. That discussion is superfluous anyway since VISA (and subsidiary VISA International) are USA based and incorporated. (VISA INTL is no longer separate since 2007)
(Directfiesta: I guess my response to "how stupid are you" should be...pretty stupid wasting time responding to egotistical hard headed people. BTW its than not then. THAN is comparative, THEN has to do with time.)
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