Global Investigations Review - The law and practice of international investigations

HSBC avoids monitor in tax evasion DPA

By Will Barbieri

11 December 2019

HSBC avoids monitor in tax evasion DPA Credit: https://www.istockphoto.com/ilbusca

HSBC’s Swiss private banking arm has entered into $192 million deferred prosecution agreement after admitting to helping US citizens evade tax for a decade.