Hartnett joins HSBC financial crime committee | AccountingWEB

Hartnett joins HSBC financial crime committee

Dave Hartnett, the former head of HMRC is to work for HSBC, helping the bank combat financial crime.

Hartnett, the former chief executive of HSBC, and Bill Hughes, former head of the Serious Organised Crime Agency, are among a group that will head a new financial crime committee that will be set up to ensure tighter compliance with tightening global regulations.

The formation of the new committee comes after the bank's US$1.9bn settlement of money-laundering allegations late last year.


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memyself-eye's picture

Jobs for the boys    1 thanks

memyself-eye | | Permalink

To think I bank with HSBC and will get a pension from them soon...very soon.

Bet it won't match his salary!

Try it on

moneymanager | | Permalink

Try taking a 'pragmatic' approach with HMRC over the two and tuppence a pro bono client owes.

They are more likely to end up in front of Hartnet's committee colleague's old pals with a POCA charge.


And by the way how come all the great and the good in 'the house' got away from prosecution where some poor builder/second hand car tradeer had th ebook thrown at him.


Silly question.

Hartnett and HSBC    1 thanks

chatman | | Permalink

Quite well matched given recent revelations. Can't see he'll restore their credibility though. Isn't the problem that they both have difficulty refusing favours to extremely rich organisations?

Nichola Ross Martin's picture

"Hartnett, the former chief executive of HSBC"

Nichola Ross Martin | | Permalink

surely, not.