sswqeqw - Timeline

Mexico's AML not functioning - senior manager's warning

Mr. Falciani hacked 30 000 accounts' data which revealed tax evaders

US Senate criticises HSBC for providing an Angolan private bank with weak anti-money laundering ready access to the US Financial systems.

The US Office implied deficiencies in HSBC AML practices and demanded a permanent regional compliance officer to be hired to submit full compliance plans.

HSBC admitted to processing drug-trafficking proceeds and transmitting funds from sanctioned countries. They sign a 5-year deferred prosecution agreement with the US authorities, if a new crime is committed they risk losing their banking licence.

The European Commission fines HSBC with 2 other banks for manipulating the Euribor . The fine in total was €485 mln.

HSBC agrees to pay $550m to settle US government allegations that it mis-sold mortgage-backed securities in the run-up to the financial crisis.

HSBC pays US and UK regulators $618m when it is one of six banks fined a total of $4.3bn for their involvement in a foreign exchange rate-rigging scandal.

HSBC in Swiss tax avoidance storm