Fraud and other financial crimes are often forms of theft.
They tend to involve money or property that are gained illegally, and used in a deceptive or illegal manner to gain a benefit from the proceeds.
In today’s complex economy, financial crimes can take many forms including money laundering, sanctions breaches, fraud, tax evasion, terrorist financing, bribery and corruption.
At HSBC, addressing financial crime globally has long been one of our main priorities.
Criminal activity has become increasingly sophisticated in recent years, and fraudsters, money launderers and others have attempted to target global networks like banks.
Improving the way we share and manage customer information will help us fight against the risk of financial crime. And it will help to ensure you can bank with us safely, securely and confidently.