HMRC is this week studying a list of more than 4,000 people holding accounts with HSBC in Jersey worth nearly £700m, the Daily Telegraph reported.
An HMRC spokesman confirmed that the department had received the data and was studying the list, which was reportedly passed to it by a whistleblower. Around half of those named are said to be UK taxpayers.
In response to the Telegraph article, HSBC put out a statement that said: “We are investigating the reports of an alleged loss of certain client data in Jersey as a matter of urgency.
“We have not been notified of any investigation in relation to this matter by HMRC or any other authority but, should we receive notification, we will cooperate fully with the authorities.”
The HSBC Jersey list revives...