Global Investigations Review - The law and practice of international investigations

HSBC Switzerland pays €300 million to settle Belgian tax fraud case

By Emily Casswell

06 August 2019

HSBC Switzerland pays €300 million to settle Belgian tax fraud case Credit: https://www.istockphoto.com/ilbusca

HSBC’s Swiss private banking unit has agreed to pay €300 million to settle a tax fraud case in Belgium five years after the company was placed under investigation.