HSBC, one of the world's largest financial institutions, has agreed to settle with French regulatory authorities for $312.9 million. The penalty stems from an ongoing investigation into alleged tax fraud connected to dividend payment schemes. This settlement underscores heightened regulatory scrutiny on institutional compliance practices across major markets.
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CryptoSurvivor
· 01-11 12:00
Here we go again, HSBC fined over 300 million? These organizations really rely on exploiting tax loopholes to make a living, huh? The bigger they are, the less anyone can control them.
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ApyWhisperer
· 01-08 21:42
Here comes the harvest again. This time it's HSBC. Thinking of settling for just $312.9? That's hilarious.
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BtcDailyResearcher
· 01-08 15:58
Another major bank was fined, and they didn't even care about spending $310 million—that's the scale.
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CoffeeOnChain
· 01-08 14:49
Here we go again, big banks are being exposed for tax evasion one after another. Now it's HSBC... 31.29 billion, do they really think it's a small amount?
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PumpStrategist
· 01-08 14:49
$31.29 billion fine, this is the endgame of chip distribution. Major banks can't escape, a typical risk release signal.
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GovernancePretender
· 01-08 14:40
Coming again? Even the big banks have to obediently pay fines. The string of compliance is getting tighter and tighter.
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AirdropHunterWang
· 01-08 14:38
Another big fish has been fined, 31.29 billion dollars. HSBC really went all out this time; tax authorities truly cannot afford any negligence.
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ShitcoinConnoisseur
· 01-08 14:32
Another big bank penalized? 31.3 billion yuan settlement, this time it's still about tax issues...
HSBC, one of the world's largest financial institutions, has agreed to settle with French regulatory authorities for $312.9 million. The penalty stems from an ongoing investigation into alleged tax fraud connected to dividend payment schemes. This settlement underscores heightened regulatory scrutiny on institutional compliance practices across major markets.