AGREEMENT BY AND BETWEEN HSBC BANK USA, N.A. McLEAN, VIRGINIA AND THE OFFICE OF THE COMPTROLLER OF THE CURRENCYCompliance Agreement • December 12th, 2012 • HSBC Usa Inc /Md/ • National commercial banks
HSBC Bank USA, N.A., McLean, Virginia (“Bank”) is a national bank subject to the limitations on controlling or holding an interest in financial subsidiaries set forth in 12 U.S.C. § 24a and 12 C.F.R. § 5.39.
UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK UNITED STATES OF AMERICA -against- Cr. No. 12-763 HSBC BANK USA, N.A. and HSBC HOLDINGS PLC, Defendants.Deferred Prosecution Agreement • December 12th, 2012 • HSBC Usa Inc /Md/ • National commercial banks
Defendant HSBC Bank USA, N.A., a federally chartered banking institution and subsidiary of HSBC North America Holdings, Inc., and defendant HSBC Holdings plc, a financial institution holding company organized under the laws of England and Wales (collectively, “the HSBC Parties”), by their undersigned representatives, pursuant to authority granted by the HSBC Parties’ Boards of Directors, and the United States Department of Justice, Criminal Division, Asset Forfeiture and Money Laundering Section, the United States Attorney’s Office for the Eastern District of New York, and the United States Attorney’s Office for the Northern District of West Virginia (collectively, the “Department”), enter into this deferred prosecution agreement (the “Agreement”). The terms and conditions of this Agreement are as follows:
