HSBC Bank Bermuda Limited Approach to Financial Crime Risk
All wholly owned or controlled HSBC Group of companies, including HSBC Bank Bermuda Limited and its subsidiaries in Bermuda, are guided by global standards, policies and procedures, as well as local legislative and regulatory requirements, related to anti-money laundering, sanctions, and anti-bribery and corruption.
Financial institutions are encouraged to rely on the following corporate website for information rather than requesting individual certification. The HSBC Group Wolfsberg Anti-Money Laundering Questionnaire may also be found via this website.
HSBC Bank Bermuda Limited USA PATRIOT Act Certification
According to the USA PATRIOT Act (Public Law No. 107-56) and final rules issued by the U.S. Department of Treasury, a U.S. Bank or a U.S. Broker-Dealer in securities (a “Covered Financial Institution”) is required to obtain certain information from “Foreign Banks” for which it maintains correspondent accounts in the United States.
HSBC Bank Bermuda Limited’s current USA PATRIOT Act certificate may be found on the Financial crime risk policies page of the HSBC Group website.
Any queries regarding the certification may be directed to Lawrence Hopkinson, Head of Financial Crime Compliance and Money Laundering Reporting Officer at email@example.com.