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U.S. Fed terminates enforcement action against HSBC

09/02/2022

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2022.09.02 03:49

U.S. Fed terminates enforcement action against HSBC
FILE PHOTO: The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause

(Reuters) – The U.S. Federal Reserve on Thursday announced the termination of a decade-long enforcement action against HSBC Holdings Plc (LON:HSBA) for violations of anti-money laundering rules and sanction laws.

The enforcement order was ended on Aug. 26, the Fed said in a statement.

09/02/2022

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