Bank fined £1.32bn in 2012 argues that legal attempt to release government report would help criminals bypass safeguardsHSBC is trying to prevent publication of a report on how it complies with money-laundering rules imposed on it by the US authorities in 2012, when it was fined a record $1.9bn (£1.32bn).
The bank is arguing in US courts that it could be left vulnerable to money laundering whether the report is published. Continue reading...
Source: theguardian.com