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HSBC Settles FX Investigation with Justice Department

January 26, 2018 by Louis Chunovic

HSBC Settles FX Investigation with Justice Department

London, U.K.-based HSBC Holdings plc, the venerable parent company of the New York City-based HSBC Group, reports that it has entered into a three-year deferred prosecution agreement with the U.S. Department of Justice, meant to “resolve the DoJ’s investigation into HSBC’s historical foreign exchange sales and trading activities within its Global Markets business.” The agreement… Read More >>

Filed Under: Data Management, Industry News, Operational Risk, Risk Management, Governance, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting Tagged With: Cairn Energy, deferred-prosecution agreement, DOJ, FX, HSBC, HSBC Holdings plc, trading activities

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