The Traderszone Network

Published in TZ Latest News 9 February, 2016 by The TZ Newswire Staff

HSBC money laundering report’s release likely delayed: U.S. judge

A U.S. judge said Tuesday that he would likely delay the release of a report detailing how well HSBC Holdings Plc (HSBA.L) has complied with anti-money laundering requirements until a federal appeals court could weigh in. U.S. District Judge John Gleeson in Brooklyn, New York, did not rule on whether he would put on hold his order requiring the unsealing of a report by a federal monitor appointed as part of a $1.9 billion pact with the U.S. Justice Department in 2012.