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 HSBC statement on testimony before the United States Senate Permanent Subcommittee on Investigations- HSBC statement on testimony before the United States Senate Permanent Subcommittee on Investigations
- July 18, 2012
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On Tuesday 17 July, HSBC will appear before the United States Senate Permanent Subcommittee on Investigations about a case history of U.S. Vulnerabilities to Money Laundering and Terrorist Financing.
HSBC takes compliance with the law, wherever it operates, very seriously. We will acknowledge that, in the past, we have sometimes failed to meet the standards that regulators and customers expect.
We will apologise, acknowledge these mistakes, answer for our actions and give our absolute commitment to fixing what went wrong.
We have learned a great deal working with the Subcommittee on this case history and also working with U.S. regulatory authorities, and recognize that our controls co...
- View more at: http://www.1888pressrelease.com/hsbc-statement-on-testimony-before-the-united-states-senate-pr-410551.html
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