Restrictions lifted on leaked HSBC data
Posted by mostafa on 2 March, 2015
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This item was filled under Tax
France’s tax authorities have formally agreed that HMRC can share leaked HSBC Suisse customer account data with law enforcement agencies and financial regulators for the purposes of pursuing criminal offences.
The Revenue received the information from the French in April 2010 under strict international treaty conditions, which limited its use to tax purposes and prevented the department from sharing it with other parties to investigate offences outside of …