HSBC and HSBC are working to block the release of a report outlining how The US Government is improving its money laundering controls after it was fined $ hundreds of millions of dollars in 2012 . The Justice Department in its brief frequently cited a 2016 decision by a U.S. appeals court to uphold a deferred prosecution agreement with Fokker Services, a Dutch company accused of illegally shipping aircraft parts to Iran and other countries. The US Government filed a brief with the The US Government suggesting that public disclosure of the report would hinder the ability of independent monitors to supervise HSBC as bank employees would be less willing to cooperate.
HSBC and HSBC are working to block the release of a report outlining how The US Government is improving its money laundering controls after it was fined $ hundreds of millions of dollars in 2012 . The US Government filed a brief with the The US Government suggesting that public disclosure of the report would hinder the ability of independent monitors to supervise HSBC as bank employees would be less willing to cooperate.