HSBC France ⬠20,000,000,000 Euro Medium Term Note Programme
HSBC France ⬠20,000,000,000 Euro Medium Term Note Programme
HSBC France ⬠20,000,000,000 Euro Medium Term Note Programme
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RECENT DEVELOPMENTSOn 11 December <strong>20</strong>12, <strong>HSBC</strong> Holdings plc (<strong>HSBC</strong> Holdings), the parent company of the Issuer, announcedthat:"<strong>HSBC</strong> has reached agreement with United States authorities in relation to investigations regarding inadequatecompliance with anti-money laundering and sanctions laws. This includes a Deferred Prosecution Agreement(DPA) with the US Department of Justice. <strong>HSBC</strong> has also reached agreement to achieve a global resolutionwith all other US government agencies that have investigated <strong>HSBC</strong>’s past conduct related to these issues andanticipates finalising an undertaking with the United Kingdom Financial Services Authority shortly.Under these agreements, <strong>HSBC</strong> will make payments totaling US$1.921bn, continue to cooperate fully withregulatory and law enforcement authorities, and take further action to strengthen its compliance policies andprocedures."0013112-<strong>000</strong>0239 PA:9476790.12 86