HSBC Became Aware of Online Accounts Being Accessed by Unauthorized Users Between October 4, 2018 and October 14, 2018
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Using Replicated Ledger to Reduce Swift Costs
WHITE PAPER USING REPLICATED LEDGER TO REDUCE SWIFT COSTS Abstract Nientibus et harum la aliquos que dunt harunte nat qui assimin ctincti nimoloratur? Quis sin enim expello rescitis aliberiosam, sumendu cienimil es ab in pelibus antiunt, eatur sit volorec tetur, occus asi suntiss imporer eperis dolupta que quid quatis mo volorit quas maio. Im acest, eos si beat. Ur? Nonseque reribus. Itatium re, nissi nullupietur audis sit adis con non corrum fugias eosae nones nonsenimus Itate esto moluptatur autatis sinctota dolent labo. Sum autem reriossum eos acerestectur rem que et haribus vel etur Introduction This paper proposes an approach to build a payment product that could be deployed across units of same bank or banks which have correspondent relationships, to reduce SWIFT message costs and to conserve liquidity by reducing need for Settlement and Nostro accounts. The paper proposes an outline of a product that implements a replicated, single wrapper around existing ledgers of such bank units to enable quick, irrevocable, tamper-proof approach to managing electronic payments between correspondent bank units. Existing ledgers of the bank would not be replaced or disturbed. Instead a wrapper application would be deployed that tracks specific entries in the ledger and replicates the changes to all members. This enables each member bank to see the same ledger at the same time and also be guaranteed of its accuracy. For this purpose, it is recommended the product be built using Blockchain for established and proven security. Such a replicated ledger would reduce active, recurring costs of using SWIFT network to pass payment messages. This will also reduce the much larger passive cost of holding funds in a non- remunerative settlement a/c with the correspondent bank. -
Hsbc to Acquire Lloyds Banking Group Onshore Assets in the Uae
Ab c 29 March 2012 HSBC TO ACQUIRE LLOYDS BANKING GROUP ONSHORE ASSETS IN THE UAE HSBC Bank Middle East Ltd (‘HSBC’), an indirect wholly-owned subsidiary of HSBC Holdings plc, has entered into an agreement to acquire the onshore retail and commercial banking business of Lloyds Banking Group (‘Lloyds’) in the United Arab Emirates (‘UAE’). The value of the gross assets being acquired is US$769m as at 31 December 2011. The transaction, which is subject to regulatory approvals, is expected to complete in 2012. HSBC’s largest operations in the MENA region are based in the UAE where HSBC enjoys a market-leading trade and commercial banking presence, in addition to the largest international retail banking and wealth management business. The business being acquired from Lloyds has approximately 8,800 personal and commercial customers and a loan book of approximately US$573m as at 31 December 2011. Commenting on the acquisition, Simon Cooper, Deputy Chairman and Chief Executive Officer of HSBC in MENA, said: “HSBC is the leading international bank in the UAE and the addition of Lloyds’ strong presence in retail and commercial banking is highly complementary to our business. The acquisition underscores the strategic importance of the UAE, and of the MENA region as a whole, to HSBC.” Media enquiries to: Tim Harrison + 971 4 4235632 [email protected] Brendan McNamara +44 (0) 20 7991 0655 [email protected] ends/more Registered Office and Group Head Office: This news release is issued by 8 Canada Square, London E14 5HQ, United Kingdom Web: www.hsbc.com HSBC Holdings plc Incorporated in England with limited liability. -
Unilever Finance Netherlands BV
11 May 2021 Unilever Finance Netherlands B.V. (guaranteed on a joint and several basis by Unilever PLC and Unilever United States, Inc.) and Unilever PLC (guaranteed by Unilever United States, Inc.) U.S.$25,000,000,000 Debt Issuance Programme Application has been made to the Dutch Authority for the Financial Markets (Stichting Autoriteit Financiële Markten or the “AFM”) in its capacity as competent authority under Regulation (EU) 2017/1129 (the “Prospectus Regulation”) to approve this Information Memorandum for the purpose of giving information with regard to the issue of notes by Unilever PLC (“PLC Notes”) and by Unilever Finance Netherlands B.V. (“UFN Notes”, and together with PLC Notes, “Notes”) under the debt issuance programme described herein (the “Programme”) during the period of 12 months after the date hereof. This Information Memorandum is a base prospectus for the purposes of the Prospectus Regulation. This Information Memorandum has been approved by the AFM, as competent authority under the Prospectus Regulation. The AFM only approves this Information Memorandum as meeting the standards of completeness, comprehensibility and consistency imposed by the Prospectus Regulation. Such approval should not be considered as an endorsement of either the Issuers, the Guarantors or the quality of the securities that are the subject of this Information Memorandum. Investors should make their own assessment as to the suitability of investing in the Notes. The requirement to publish a prospectus under the Prospectus Regulation only applies to Notes which are to be admitted to trading on a regulated market as defined in Directive 2014/65/EU (as amended, “MiFID II”) and/or offered to the public in the European Economic Area (the “EEA”) in circumstances where no exemption is available under the Prospectus Regulation. -
Top Trends Shaping Identity Verification (IDV) in 2018
NOT LICENSED FOR DISTRIBUTION Top Trends Shaping Identity Verification (IDV) In 2018 Post-Equifax Breach, IDV Aggregators Will Cater To Multifaceted IDV Requirements by Andras Cser and Merritt Maxim March 29, 2018 Why Read This Report Key Takeaways In the face of increasing identity theft, stricter IDV Based On Credit Header Data Will Become compliance regulations, and the push for online Weaker — Get Ready To Fight Back customer acquisition, reliable, accurate, cost- After the 2017 Equifax breach, we entered a new effective, and easy-to-use identity verification era in which credit header data for IDV solutions (IDV) is becoming a core building block of any and knowledge-based authentication (KBA) customer or employee identity and access are inadequate for reliable identity verification. management (IAM) system. This document Firms will have to adopt new lower cost and less highlights the key trends shaping the IDV market intrusive IDV technologies, such as those based in 2018 and beyond and helps security and risk on device reputation or phone number. pros adapt their strategies, vendor selection, and Social And Behavioral IDV Will Lower Costs implementation. And Improve Accuracy Social IDV, based on comparing identity attributes to profiles on social media, and behavioral biometrics, verifying identities based on how a user moves the mouse or touches the screen, will lower the cost and improve the accuracy of day- to-day IDV across all verticals. FORRESTER.COM FOR SECURITY & RISK PROFESSIONALS Top Trends Shaping Identity Verification -
Parker Review
Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people. -
REGISTRATION DOCUMENT DATED 28 March 2019
REGISTRATION DOCUMENT DATED 28 March 2019 HSBC HOLDINGS PLC (a company incorporated with limited liability in England with registered number 617987) This document (which expression shall include this document and all documents incorporated by reference herein) has been prepared for the purpose of providing disclosure information with regard to HSBC Holdings plc (the "Issuer") and has been approved by the Financial Conduct Authority, which is the competent authority in the United Kingdom for the purposes of Directive 2003/71/EC (as amended or superseded, the "Prospectus Directive") and relevant implementing measures in the United Kingdom (the "FCA"), as a registration document ("Registration Document") issued in compliance with the Prospectus Directive and relevant implementing measures in the United Kingdom for the purpose of providing the information with regard to the Issuer of debt or derivative securities during the period of twelve months after the date hereof. This Registration Document includes details of the long-term and short-term credit ratings assigned to the Issuer by Standard & Poor's Credit Market Services Europe Limited ("S&P"), Moody's Investors Service Limited ("Moody's") and Fitch Ratings Limited ("Fitch"). Each of S&P, Moody's and Fitch is established in the European Union and is registered as a Credit Rating Agency under Regulation (EU) No. 1060/2009, as amended (the "CRA Regulation"). As such, each of S&P, Moody's and Fitch is included in the list of credit rating agencies published by the European Securities and Markets Authority on its website in accordance with the CRA Regulation. CONTENTS Page RISK FACTORS .......................................................................................................................................... 1 IMPORTANT NOTICES ............................................................................................................................ -
Licensed By: TABLE of CONTENTS
Licensed by: TABLE OF CONTENTS Overview ........................................................................................................................................................................................ 4 Executive Summary ........................................................................................................................................................................ 5 Recommendations .......................................................................................................................................................................... 7 Toward a New Model of Identity Proofing ..................................................................................................................................... 8 Designing a Robust ID Proofing Workflow ................................................................................................................................... 12 Introducing Javelin’s FIT Model .................................................................................................................................................... 13 Overall ........................................................................................................................................................................................... 13 Functional ..................................................................................................................................................................................... 14 Innovative .................................................................................................................................................................................... -
Wells Fargo HSBC Trade Bank, N.A. Charter Number: 22897
O Comptroller of the Currency Administrator of National Banks Wholesale Washington, D.C. Public Disclosure June 30, 2006 Community Reinvestment Act Performance Evaluation Wells Fargo HSBC Trade Bank, N.A. Charter Number: 22897 1 Front Street – 21st Floor San Francisco, CA 94111 Office of the Comptroller of the Currency Large Bank Supervision 250 E Street SW Washington, D.C. 20219-0001 NOTE: This document is an evaluation of this institution’s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with safe and sound operation of the institution. This evaluation is not, nor should it be construed as, an assessment of the financial condition of this institution. The rating assigned to this institution does not represent an analysis, conclusion, or opinion of the federal financial supervisory agency concerning the safety and soundness of this financial institution. Charter Number 22897 Institution’s CRA rating: This institution is rated “Outstanding.” The major characteristics that support this rating are: • Wells Fargo HSBC Trade Bank (Trade Bank) demonstrates a high level of qualified investments and, community development loans in its assessment areas. • Trade Bank rarely uses innovative or complex qualified investments or community development loans, in its assessments areas. • Trade Bank demonstrates an excellent level of responsiveness to credit and community economic development needs in its assessment areas. Scope of the Examination In evaluating the bank’s performance under the Community Reinvestment Act (CRA), we reviewed community development (CD) activities from November 18, 2003 through June 30, 2006. We evaluated the level and nature of qualified investments, CD lending, and CD services. -
Citizens' Acquisition of East Coast Branches and National Online
Citizens’ Acquisition of East Coast Branches and National Online Deposits from HSBC Expanding the Footprint in Key Strategic Markets with Significant Opportunity for Growth May 26, 2021 Forward-looking statements “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This communication contains “forward‐looking statements” —that is, statements related to future, not past, events. In this context, forward‐looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” or “target.” Forward‐looking statements by their nature address matters that are, to different degrees, uncertain. Uncertainties that could cause our actual results to be materially different than those expressed in our forward‐looking statements include the failure to consummate this transaction or to make or take any filing or other action required to consummate any such transaction on a timely matter or at all. These or other uncertainties may cause our actual future results to be materially different from those expressed in our forward‐looking statements. We caution you, therefore, against relying on any of these forward‐looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. More information about factors that could cause actual results to differ materially from those described in the forward‐looking statements can -
Wolters Kluwer Governance Roadshow
Wolters Kluwer Governance Roadshow Selection & Remuneration Committee of the Supervisory Board of Wolters Kluwer September, 2020 Governance Roadshow, September 2020 1 Forward-looking statements This presentation contains forward-looking statements. These statements may be identified by words such as "expect", "should", "could", "shall", and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions, conditions in the markets in which Wolters Kluwer is engaged, behavior of customers, suppliers and competitors, technological developments, the implementation and execution of new ICT systems or outsourcing, legal, tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as risks related to mergers, acquisitions and divestments. In addition, financial risks, such as currency movements, interest rate fluctuations, liquidity and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Growth rates are cited in constant currencies unless otherwise noted. -
Brown Brothers Harriman Global Custody Network Listing
BROWN BROTHERS HARRIMAN GLOBAL CUSTODY NETWORK LISTING Brown Brothers Harriman (Luxembourg) S.C.A. has delegated safekeeping duties to each of the entities listed below in the specified markets by appointing them as local correspondents. The below list includes multiple subcustodians/correspondents in certain markets. Confirmation of which subcustodian/correspondent is holding assets in each of those markets with respect to a client is available upon request. The list does not include prime brokers, third party collateral agents or other third parties who may be appointed from time to time as a delegate pursuant to the request of one or more clients (subject to BBH's approval). Confirmations of such appointments are also available upon request. COUNTRY SUBCUSTODIAN ARGENTINA CITIBANK, N.A. BUENOS AIRES BRANCH AUSTRALIA CITIGROUP PTY LIMITED FOR CITIBANK, N.A AUSTRALIA HSBC BANK AUSTRALIA LIMITED FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED (HSBC) AUSTRIA DEUTSCHE BANK AG AUSTRIA UNICREDIT BANK AUSTRIA AG BAHRAIN* HSBC BANK MIDDLE EAST LIMITED, BAHRAIN BRANCH FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED (HSBC) BANGLADESH* STANDARD CHARTERED BANK, BANGLADESH BRANCH BELGIUM BNP PARIBAS SECURITIES SERVICES BELGIUM DEUTSCHE BANK AG, AMSTERDAM BRANCH BERMUDA* HSBC BANK BERMUDA LIMITED FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED (HSBC) BOSNIA* UNICREDIT BANK D.D. FOR UNICREDIT BANK AUSTRIA AG BOTSWANA* STANDARD CHARTERED BANK BOTSWANA LIMITED FOR STANDARD CHARTERED BANK BRAZIL* CITIBANK, N.A. SÃO PAULO BRAZIL* ITAÚ UNIBANCO S.A. BULGARIA* CITIBANK EUROPE PLC, BULGARIA BRANCH FOR CITIBANK N.A. CANADA CIBC MELLON TRUST COMPANY FOR CIBC MELLON TRUST COMPANY, CANADIAN IMPERIAL BANK OF COMMERCE AND BANK OF NEW YORK MELLON CANADA RBC INVESTOR SERVICES TRUST FOR ROYAL BANK OF CANADA (RBC) CHILE* BANCO DE CHILE FOR CITIBANK, N.A. -
Workers' Compensation Payer List (PDF)
WORKERS' COMPENSATION / AUTO PAYER LIST 09/10/2021 All WORK * Provider must be contracted with Carisk Payer ID TX MN CA IL LA NJ NY OR WI NC NM OK TN VA States 837P 837I COMP AUTO 835 *Carisk Imaging to Allstate Insurance - Auto Only E1069 x x x x Rejects Only *Carisk Imaging to Geico (Auto Only) GEICO x x x x Rejects Only *Carisk Imaging to Nationwide (Auto Only) A0002 x x x x Rejects Only *Carisk Imaging to New York City Law Department NYCL001 x x x x Rejects Only *Carisk Imaging to NJ-PLIGA E3926 x x x x Rejects Only *Carisk Imaging to North Dakota WSI NDWSI x x x x *Carisk Imaging to NYSIF NYSIF1510 x x x x Rejects Only *Carisk Imaging to Progressive Insurance (Auto Only) E1139 x x x x Rejects Only *Carisk Imaging to Pure (Auto Only) PURE01 x x x x Rejects Only *Carisk Imaging to Safeco Insurance (Auto Only) E0602 x x x x Rejects Only *Carisk Imaging to SafeTPA, LLC (NY Only) SAFE01 x x x x Rejects Only *Carisk Imaging to Selective Insurance (Auto Only) E1077 x x x x Rejects Only *Carisk Imaging to USAA (Auto Only) A0001 x x x x Rejects Only 1st Auto & Casualty J1585 x x x x x 21st Century Insurance 41556 x x x x Rejects Only 22125 Roscoe Corp. 41556 x x x x Rejects Only AAA Minnesota/Iowa 11983 x x x x x AAA Northern California, Nevada & Utah Insurance Exchange 41556 x x x x Rejects Only ABC Const.