Home Business U.S. Fed terminates enforcement motion in opposition to HSBC By Reuters

U.S. Fed terminates enforcement motion in opposition to HSBC By Reuters

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U.S. Fed terminates enforcement motion in opposition to HSBC By Reuters

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© Reuters. FILE PHOTO: The HSBC financial institution emblem is seen within the Canary Wharf monetary district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause

(Reuters) – The U.S. Federal Reserve on Thursday introduced the termination of a decade-long enforcement motion in opposition to HSBC Holdings Plc (LON:) for violations of anti-money laundering guidelines and sanction legal guidelines.

The enforcement order was ended on Aug. 26, the Fed mentioned in a press release.

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