DOCSLIB.ORG

HSBC Holdings Plc 2008 Annual Report and Accounts

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
HSBC Holdings Plc 2008 Annual Report and Accounts HSBC HOLDINGS PLC Shareholder Information Enforceability of judgements / Exchange controls / Dividends / Nature of trading market Page the US or to enforce judgements obtained in US Information about the enforceability of courts against them or HSBC Holdings based on judgements made in the US ........................ 448 civil liability provisions of the securities laws of the Exchange controls and other limitations US. There is doubt as to whether English courts affecting equity security holders ................ 448 would enforce: Fourth interim dividend for 2008 ................... 448 • certain civil liabilities under US securities laws Interim dividends for 2009 ............................. 449 in original actions; or Dividends on the ordinary shares of HSBC Holdings ..................................................... 449 • judgements of US courts based upon these civil Nature of trading market ................................ 449 liability provisions. Shareholder profile ........................................ 451 In addition, awards of punitive damages in Memorandum and Articles of Association .... 451 actions brought in the US or elsewhere may be Annual General Meeting ................................ 452 unenforceable in the UK. The enforceability of any Interim Management Statements and judgement in the UK will depend on the particular Interim results ............................................. 452 facts of the case as well as the laws and treaties in Actuaries ........................................................ 452 effect at the time. Shareholder enquiries and communications ... 453 Investor relations ............................................ 454 Exchange controls and other Where more information about HSBC is limitations affecting equity security available ..................................................... 454 holders Taxation of shares and dividends ................... 455 There are currently no UK laws, decrees or History and development of HSBC ............... 457 regulations which would prevent the import or Organisational structure ................................. 459 export of capital or remittance of distributable profits by way of dividends and other payments to holders Information about the enforceability of HSBC Holdings’ equity securities who are not of judgements made in the US residents of the UK. There are also no restrictions under the laws of the UK or the terms of the HSBC Holdings is a public limited company Memorandum and Articles of Association of HSBC incorporated in England and Wales. Most of HSBC Holdings concerning the right of non-resident or Holdings’ Directors and executive officers live foreign owners to hold HSBC Holdings’ equity outside the US. As a result, it may not be possible to securities or, when entitled to vote, to do so. serve process on such persons or HSBC Holdings in Fourth interim dividend for 2008 The Directors have declared a fourth interim dividend for 2008 of US$0.10 per ordinary share. Information on the scrip dividend scheme and currencies in which shareholders may elect to have the cash dividend paid will be sent to shareholders on or about 31 March 2009. The timetable for the dividend is: 2009 Shares quoted ex-dividend in London, Hong Kong, Paris and Bermuda .............................................................................. 18 March ADSs quoted ex-dividend in New York ................................................................................................................................ 18 March Record date for dividend and closure of Hong Kong Overseas Branch Register of shareholders for one day ................... 20 March Mailing of Annual Report and Accounts 2008 and/or Annual Review 2008, Notice of Annual General Meeting and dividend documentation .................................................................................................................................................... 31 March Final date for receipt by registrars of forms of election, Investor Centre electronic instructions and revocations of standing instructions for scrip dividends .......................................................................................................................... 23 April Exchange rate determined for payment of dividends in sterling and Hong Kong dollars .................................................... 27 April Payment date: dividend warrants, new share certificates or transaction advices and notional tax vouchers mailed and shares credited to stock accounts in CREST ..................................................................................................................... 6 May 448 Interim dividends for 2009 The Board has adopted a policy of paying quarterly interim dividends on the ordinary shares. Under this policy it is intended to have a pattern of three equal interim dividends with a variable fourth interim dividend. It is envisaged that the first interim dividend in respect of 2009 will be US$0.08 per ordinary share. The proposed timetables for the dividends in respect of 2009 are: Interim dividends for 2009 First Second Third Fourth Announcement .......................................................... 5 May 2009 3 August 2009 2 November 2009 1 March 2010 ADSs quoted ex-dividend in New York .................. 20 May 2009 19 August 2009 18 November 2009 17 March 2010 Shares quoted ex-dividend in London, Hong Kong, Paris and Bermuda .......................... 20 May 2009 19 August 2009 18 November 2009 17 March 2010 Record date in Hong Kong ....................................... 22 May 2009 21 August 2009 19 November 2009 18 March 2010 Record date in London, Paris and Bermuda ............. 22 May 2009 21 August 2009 20 November 20091 19 March 20101 Closure of the Overseas Branch Register of shareholders in Hong Kong for one day .............. 22 May 2009 21 August 2009 Payment date ............................................................. 8 July 2009 7 October 2009 13 January 2010 5 May 2010 1 Removals to and from the Overseas Branch Register of shareholders in Hong Kong will not be permitted on these dates. Dividends on the ordinary shares of HSBC Holdings HSBC Holdings has paid dividends on its ordinary shares every year without interruption since it became the HSBC Group holding company by a scheme of arrangement in 1991. The dividends declared, per ordinary share, for each of the last five years were: First Second Third Fourth interim interim interim interim1 Total2 2008 US$ ....................................... 0.180 0.180 0.180 0.100 0.640 £ ............................................ 0.090 0.100 0.124 0.069 0.383 HK$ ...................................... 1.403 1.398 1.395 0.775 4.971 2007 US$ ....................................... 0.170 0.170 0.170 0.390 0.900 £ ............................................ 0.085 0.084 0.086 0.194 0.449 HK$ ....................................... 1.328 1.322 1.325 3.041 7.016 2006 US$ ....................................... 0.150 0.150 0.150 0.360 0.810 £ ............................................ 0.082 0.079 0.078 0.183 0.422 HK$ ....................................... 1.164 1.167 1.168 2.799 6.298 2005 US$ ....................................... 0.140 0.140 0.140 0.310 0.730 £ ............................................ 0.077 0.079 0.079 0.169 0.404 HK$ ....................................... 1.088 1.086 1.085 2.403 5.662 2004 US$ ....................................... 0.130 0.130 0.130 0.270 0.660 £ ............................................ 0.071 0.072 0.069 0.141 0.353 HK$ ....................................... 1.013 1.014 1.013 2.104 5.144 1 The fourth interim dividend for 2008 of US$0.10 per share has been translated into pounds sterling and Hong Kong dollars at the closing rate on 31 December 2008. The dividend will be paid on 6 May 2009. 2 The above dividends declared are accounted for as disclosed in Note 12 on the Financial Statements. Dividends are declared in US dollars and, at the election of the shareholder, paid in cash in one of, or in a combination of, US dollars, sterling and Hong Kong dollars, or, subject to the Board’s determination that a scrip dividend is to be offered in respect of that dividend, may be satisfied in whole or in part by the issue of new shares in lieu of a cash dividend. Nature of trading market HSBC Holdings ordinary shares are listed or admitted to trading on the London Stock Exchange, the Hong Kong Stock Exchange (‘HKSE’), Euronext Paris, the New York Stock Exchange (‘NYSE’) and the Bermuda Stock Exchange. HSBC Holdings maintains its principal share register in England and overseas branch share registers in Hong Kong and Bermuda (collectively, the ‘share register’). As at 31 December 2008, there were a total of 217,633 holders of record of HSBC Holdings ordinary shares. 449 HSBC HOLDINGS PLC Shareholder Information (continued) Nature of trading market / Shareholder profile / Memorandum and Articles As at 31 December 2008, a total of 14,601,549 of the HSBC Holdings ordinary shares were registered in the HSBC Holdings’ share register in the name of 13,196 holders of record with addresses in the US. These shares represented 0.12 per cent of the total HSBC Holdings ordinary shares in issue. As at 31 December 2008, there were 10,041 holders of record of ADSs holding approximately 114 million ADSs, representing approximately 569 million HSBC Holdings ordinary shares. 9,845 of these holders had addresses in the US, holding approximately 113.7 million ADSs, representing 568.6 million HSBC
Load more

Recommended publications
  • 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 ............................................................................................................................
    [Show full text]
  • Registration Document Dated 30 March 2021
    REGISTRATION DOCUMENT DATED 30 MARCH 2021 HSBC HOLDINGS PLC (a company incorporated in England with registered number 617987; the liability of its members is limited) 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 (the "FCA") as a registration document ("Registration Document") for the purposes of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended ("EUWA") (the "UK Prospectus Regulation") 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. The FCA has only approved this Registration Document as meeting the standards of completeness, comprehensibility and consistency imposed by the Prospectus Regulation Rules sourcebook in the FCA Handbook. Such an approval should not be considered an endorsement of the Issuer that is the subject of the Registration Document. This Registration Document is valid for a period of twelve months from the date of approval. This Registration Document includes details of the long-term and short-term credit ratings assigned to the Issuer by S&P Global Ratings UK 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 United Kingdom and registered under Regulation (EU) No 1060/2009 on credit rating agencies as it forms part of the domestic law of the United Kingdom by virtue of EUWA (the "UK CRA Regulation").
    [Show full text]
  • Plan De Marketing: Banco General De Panamá
    Universidad de San Andrés Escuela de Negocios Maestría en Marketing y Comunicación Plan de Marketing: Banco General de Panamá Autor: Fernando Agustín D’Acunto DNI: 31529206 Mentora de Tesis: Mercedes Gerding Ciudad Autónoma de Buenos Aires, 2019 Universidad de San Andrés Departamento de Administración / Escuela de Negocios Magister en Marketing y Comunicación Plan de Marketing: Banco General de Panamá Autor: Fernando Agustín D’Acunto DNI: 31.529.206 Mentor: Mercedes Gerding Ciudad Autónoma de Buenos Aires Fernando Agustín D’Acunto 1 Resumen ejecutivo El Banco General de Panamá, nacido en 1950, es el banco privado más grande del país. El presente plan de marketing tiene como objetivo desarrollar una estrategia de comunicación digital que posicione al Banco General de forma coherente con sus valores de mercado dentro de una audiencia joven y con pleno crecimiento en Panamá. Para lograr este objetivo, primero se llevó adelante un análisis PEST, en el cual se analizaron los factores externos que pueden influir en el desempeño de la marca. Se realizó un análisis FODA, del cual se tomaron oportunidades y se utilizaron para elaborar una estrategia de marca fuerte y sostenible en el tiempo. Para desarrollar la estrategia de marca, se analizaron los insights 1 más relevantes de nuestro público joven y se tomaron algunos de ellos para incorporar, en la estrategia de comunicación de la marca. La implementación de la estrategia de comunicación digital se lleva adelante con una herramienta de mapeo que nos permite definir los medios más pertinentes y afines con la audiencia, como los contenidos que mejor ayuden a lograr los objetivos esperados por el banco.
    [Show full text]
  • Bank Credit Research
    BANK CREDIT RESEARCH WEEKLY RATINGS LIST Banks Securities Firms Country Ceilings November 17, 2008 Published weekly by Moody’s Investors Service New York • Tokyo • London • Paris • Sydney • San Francisco • Frankfurt • Madrid • Dallas • Toronto Hong Kong • Singapore • Limassol • São Paulo • Milan • Mexico City • Beijing • Buenos Aires • Taipei Chicago • Johannesburg • Jersey City • Boston • Seoul • Moscow • Mumbai • Prague • Jakarta • Dubai Moody’s Investors Service • 1 • Moody’s Investors Service • 2 • Table of Contents Global Bank Ratings. 5 Global Bank Ratings by Country. 36 Government Bonds & Country Ceilings . 71 Global Banks by Rating . 74 Global Banks by Financial Strength Ratings . 75 Bank Preferred Stock Ratings. 108 Securities Industry Ratings . 115 Moody’s Investors Service • 3 • Moody’s Investors Service • 4 • Global Bank Ratings - Alphabetic by Ultimate Parent November 17, 2008 [1] LT Bank Financial [2] Long-term Debt Issuer [3] Short- [4] Outlook Deposits Strength Senior Subord. Rating term AB BANKAS SNORAS RUR Ba3 D- NR — — NP AB UKIO BANKAS RUR Ba3 D- — — — NP ABANKA VIPA D.D. STA A3 D+ — — — P-2 ABH FINANCIAL (ALFA) — — — — — — — Alfa MTN Markets Limited STA — — Ba1 — — NP Alfa-Bank STA Ba1 D+ — Ba2 — NP Alfa Bank Ukraine STA B2 E+ Ba3 — — NP Alfa-Bank Kazakhstan STA Ba3 E+ — — — NP ABN AMRO HOLDING N.V. STA — — (P)Aa3 (P)A1 — — ABN AMRO Bank N.V. STA(m) Aa2 B- Aa2 Aa3 Aa2 P-1 ABN AMRO Bank N.V. (Argentina) STA Caa1 — — — — NP ABN AMRO Bank N.V. London Branch DEV — — Aa2 — — — ABN AMRO Bank N.V., Australian B STA — — Aa2 — — P-1 ABN AMRO Bank N.V., Chicago STA Aa2 — — Aa3 — — ABN AMRO Bank N.V., Paris STA Aa2 — — — — P-1 ABN AMRO Bank N.V.,Montevideo Br STA(m) B2 — — — — NP ABN AMRO North America Fin Inc.
    [Show full text]
  • Presentation to Fixed Income Investors
    HSBC Holdings plc and HSBC Bank Canada September 2010 Presentation to Fixed Income Investors www.hsbc.com www.hsbc.ca Disclaimer and forward-looking information This presentation, including the accompanying slides and subsequent discussion, contains certain forward-looking information with respect to the financial condition, results of operations and business of HSBC Holdings plc, together with its direct and indirect subsidiaries including HSBC Bank Canada and HSBC Securities (Canada) Inc. (the "HSBC Group" or “HSBC”). This forward-looking information represents expectations or beliefs concerning future events and involves known and unknown risks and uncertainty that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Additional detailed information concerning important factors that could cause actual results to differ materially is available in the Annual Reports and Accounts of HSBC Holdings plc and HSBC Bank Canada for the year ended December 31, 2009, as well as the HSBC Bank Canada Second Quarter 2010 Report to Shareholders and the HSBC Holdings plc Interim Report 2010 for the period ended June 30, 2010. Past performance cannot be relied on as a guide to future performance. Please see www.hsbc.com and www.hsbc.ca for further information. This material is for information purposes only. HSBC Holdings plc is not a reporting issuer in Canada and is not permitted, by itself or through a nominee or agent, to engage in or carry on any business in Canada, except as permitted by the Bank Act (Canada). The material is intended for your sole use and is not for general distribution and does not constitute an offer or commitment, a solicitation of an offer or commitment to enter into or conclude any transaction or to purchase or sell any financial instrument.
    [Show full text]
  • Hsbc Holdings Plc
    HSBC HOLDINGS PLC Shareholder Information Enforceability of judgements / Exchange controls / Dividends Page serve process on such persons or HSBC Holdings in Information about the enforceability of the US or to enforce judgements obtained in US judgements made in the US ........................ 472 courts against them or HSBC Holdings based on Exchange controls and other limitations civil liability provisions of the securities laws of the affecting equity security holders ................ 472 US. There is doubt as to whether English courts Fourth interim dividend for 2008 ................... 472 would enforce: Fourth interim dividend for 2009 ................... 472 • certain civil liabilities under US securities laws Interim dividends for 2010 ............................. 473 in original actions; or Dividends on the ordinary shares of HSBC • Holdings ..................................................... 473 judgements of US courts based upon these civil American Depositary Shares .......................... 474 liability provisions. Nature of trading market ................................ 475 In addition, awards of punitive damages in Shareholder profile ........................................ 476 actions brought in the US or elsewhere may be Memorandum and Articles of Association .... 476 unenforceable in the UK. The enforceability of any Annual General Meeting ................................ 477 judgement in the UK will depend on the particular Interim Management Statements and facts of the case as well as the laws and treaties
    [Show full text]
  • T R a N S L a T I O N
    T R A N S L A T I O N Republic of Panama Superintendency of Banks RESOLUTION S.B.P. 031-2007 (dated 23 March 2007) The Interim Superintendent of Banks in use of his legal powers, and CONSIDERING: That HSBC BANK (PANAMÁ), S.A. is a corporation filed under Micro jacket 456744, document 633197 of the Information Technology System of the Public Registry and the holder of a General License granted by means of Resolution SBP 187-2004 dated 2 July 2004; That GRUPO BANISTMO, S.A. is a corporation filed under Micro jacket 490605, document 788580 of the Microfilm (Mercantile) Section of the Public Registry and the holder of a majority of the issued and outstanding shares of PRIMER BANCO DEL ISTMO, S.A. ; That by means of Resolution 94-2006 dated 11 September 2006, the acquisition and transfer of a controlling interest in GRUPO BANISTMO, S.A. to HSBC ASIA HOLDINGS B.V., sole owner of the issued and outstanding shares of HSBC BANK (PANAMÁ), S.A., was authorized; That by virtue of the authorization granted in Resolution SBP 94-2006 above, HSBC BANK (PANAMÁ), S.A. and GRUPO BANISTMO, S.A. belong to the same holding company; That a request was submitted for authorization for HSBC BANK (PANAMÁ), S.A. and GRUPO BANISTMO, S.A. to merge by absorption, whereby HSBC BANK (PANAMÁ), S.A. would be the surviving company; That as a result of the requested merger, HSBC BANK (PANAMÁ), S.A. would become a major shareholder of PRIMER BANCO DEL ISTMO, S.A.
    [Show full text]
  • Hsbc Offers to Acquire Minority Shareholders’ Interests in Its Costa Rican Subsidiary
    Ab c 6 March 2009 HSBC OFFERS TO ACQUIRE MINORITY SHAREHOLDERS’ INTERESTS IN ITS COSTA RICAN SUBSIDIARY Grupo del Istmo Costa Rica S.A. (Grupo Istmo), an indirectly owned subsidiary of HSBC Bank (Panama), is launching a public tender offer to acquire the interests of the minority shareholders of Corporación HSBC (Costa Rica) Sociedad Anónima, (‘Corporación HSBC’). Under the terms of the proposed offer, the maximum consideration to be paid for the acquisition of a total of 1,112,672,425 common shares (representing 2.75 per cent of the company’s issued share capital) will be US$6,938,405.00. The offer ends on 25 March 2009. Media enquiries to: London Mexico City Brendan McNamara Roy Caple Tel: +44 (0)20 7991 0655 Tel: +52 55 5721 6060 Investor Relations – London Investor Relations – Mexico City Danielle Neben Yordana Aparicio Tel: +44 (0)20 7992 1938 Tel: +52 55 5721 5192 Notes to editors: 1. Grupo del Istmo Costa Rica, S.A. Grupo del Istmo Costa Rica, S.A. (Grupo Istmo) is the holding company of Corporación HSBC. Grupo Istmo is fully owned by Primer Banco del Istmo S.A., an HSBC company, which was acquired by HSBC in 2006 through Grupo Banistmo. The Group has had a strong presence in the local market for 30 years formerly through Banex and currently as Corporación HSBC. Its shares are publicly listed in Costa Rica. 2. Corporación HSBC (Costa Rica) S.A. Corporación HSBC Costa Rica S.A. is 97.2461 per cent owned by Grupo del Istmo Costa Rica, S.A.
    [Show full text]
  • HSBC in India HSBC's Origins in India Date Back to 1853, When The
    INTRODUCTION:- HSBC in India HSBC's origins in India date back to 1853, when the Mercantile Bank of India was established in Mumbai. The Bank has since, steadily grown in reach and service offerings, keeping pace with the evolving banking and financial needs of its customers. In India, the Bank offers a comprehensive suite of world-class products and services to its corporate and commercial banking clients as also to a fast growing personal banking customer base. Since our inception, we have entered new markets and launched innovative new products to help our clients seize investment opportunities around the world. Our origins The HSBC group was founded in Hong Kong in 1865 to finance trade between the China coast and Europe and the United States. Since then, the HSBC Group has expanded through both internal growth and acquisition. Members of the Group include HSBC Private Bank (UK) Limited (formerly Samuel Montagu & Co Limited), founded in 1853, HSBC Trinkaus & Burkhardt KG (1785), HSBC Guyerzeller Bank AG (1866), HSBC Bank USA (formerly Republic National Bank of New York) (1966) and Crédit Commercial de France (CCF, 1894). HSBC Private Bank (formerly HSBC (Republic) was established on 31 December 1999, when HSBC acquired Republic New York Corporation and Safra Republic Holdings, parent companies of Republic National Bank of New York. Founded in 1966 and built on a banking tradition established during the Ottoman Empire, Republic National Bank of New York specialized in private banking. Since then, our business has grown substantially, both organically and through acquisition. We are currently building a strong onshore business to complement our historical franchise.
    [Show full text]
  • Registration Document Dated 30 March 2020
    REGISTRATION DOCUMENT DATED 30 MARCH 2020 HSBC HOLDINGS PLC (a company incorporated in England with registered number 617987; the liability of its members is limited) 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 (the "FCA") as competent authority under Regulation (EU) 2017/1129 (the "Prospectus Regulation"), as a registration document ("Registration Document") issued in compliance with the Prospectus Regulation 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. The FCA has only approved this Registration Document as meeting the standards of completeness, comprehensibility and consistency imposed by the Prospectus Regulation. Such an approval should not be considered an endorsement of the Issuer that is the subject of the Registration Document. This Registration Document is valid for a period of twelve months from the date of approval. This Registration Document includes details of the long-term and short-term credit ratings assigned to the Issuer by S&P Global Ratings 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 or the United Kingdom 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.
    [Show full text]
  • Registration Document Dated 30 March 2020 Hsbc
    REGISTRATION DOCUMENT DATED 30 MARCH 2020 HSBC HOLDINGS PLC (a company incorporated in England with registered number 617987; the liability of its members is limited) 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 (the "FCA") as competent authority under Regulation (EU) 2017/1129 (the "Prospectus Regulation"), as a registration document ("Registration Document") issued in compliance with the Prospectus Regulation 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. The FCA has only approved this Registration Document as meeting the standards of completeness, comprehensibility and consistency imposed by the Prospectus Regulation. Such an approval should not be considered an endorsement of the Issuer that is the subject of the Registration Document. This Registration Document is valid for a period of twelve months from the date of approval. This Registration Document includes details of the long-term and short-term credit ratings assigned to the Issuer by S&P Global Ratings 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 or the United Kingdom 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.
    [Show full text]
  • Shareholder Information
    HSBC HOLDINGS PLC Shareholder Information Page courts against them or HSBC Holdings based on Information about the enforceability of civil liability provisions of the securities laws of the judgements made in the US ....................... 435 US. There is doubt as to whether English courts Exchange controls and other limitations would enforce: affecting equity security holders ................ 435 • certain civil liabilities under US securities laws Fourth interim dividend for 2006 .................. 435 in original actions; or Interim dividends for 2007 ............................ 436 Dividends on the ordinary shares of HSBC • judgements of US courts based upon these civil Holdings .................................................... 436 liability provisions. Nature of trading market ............................... 436 In addition, awards of punitive damages in Shareholder profile ........................................ 438 actions brought in the US or elsewhere may be Memorandum and Articles of Association .... 438 unenforceable in the UK. The enforceability of any Interim results ............................................... 438 judgement in the UK will depend on the particular Annual General Meeting ............................... 438 facts of the case as well as the laws and treaties in Shareholder enquiries and communications .. 439 effect at the time. Investor relations ........................................... 440 Where more information about HSBC is Exchange controls and other available ....................................................
    [Show full text]