U.S. Vulnerabilities to Money Laundering, Drugs, and Terrorist Financing: HSBC Case History
Permanent Subcommittee on Investigations
Location: Room 106, Dirksen Senate Office Building
The Permanent Subcommittee on Investigations has scheduled a hearing, “U.S. Vulnerabilities to Money Laundering, Drugs, and Terrorist Financing: HSBC Case History,” on Tuesday, July 17, 2012, at 9:30 a.m., in Room 106 of the Dirksen Senate Office Building.
The Subcommittee plans to hold a hearing on the money laundering and terrorist financing vulnerabilities created when a global bank uses its U.S. affiliate to provide U.S. dollars, U.S. dollar services, and access to the U.S. financial system to high risk affiliates, high risk correspondent banks, and high risk clients, using HSBC as a case study.
THE HONORABLE DAVID S. COHENUnder Secretary for Terrorism and Financial IntelligenceU.S. Department of the TreasuryWashington, DC
MR. LEIGH H. WINCHELLAssistant Director, Investigative ProgramsU.S. Immigration & Customs Enforcement, U.S. Department of Homeland SecurityWashington, DC
MR. DAVID BAGLEYHead of Group ComplianceHSBC Holdings plcLondon, England
MR. PAUL THURSTONChief Executive, Retail Banking and Wealth ManagementHSBC Holdings plcHong Kong
MR. MICHAEL GALLAGHERFormer Executive Vice President, Head of PCM North AmericaHSBC Bank USA, N.A.New York, NY
MR. CHRISTOPHER LOKFormer Head of Global BanknotesHSBC Bank USA, N.A.New York, NY
MS. IRENE DORNERPresident and Chief Executive OfficerHSBC Bank USA, N.A. and HSBC North America Holdings, Inc.New York, NY
MR. STUART A. LEVEYChief Legal OfficerHSBC Holdings plcLondon, England
THE HONORABLE THOMAS J. CURRYComptroller of the CurrencyU. S. Department of the TreasuryWashington, DC
MS. GRACE E. DAILEYFormer Deputy Comptroller for Large Bank SupervisionOffice of the Comptroller of the CurrencyWashington, DC
MR. DANIEL P. STIPANODeputy Chief CounselOffice of the Comptroller of the CurrencyWashington, DC