The tax authority has published a statement on tax evasion, in response to the HSBC Suisse controversy. The section addressing the bank’s leaked data reads:

“HMRC set up a project called Operation SOLACE, which at its peak had around 300 tax specialists systematically examining the leaked HSBC Suisse data, to assess how it could be used to identify tax evasion and whether it provided sufficient evidence to support enforcement action against UK account holders.

“The HSBC Suisse …