HSBC sued by Australian markets regulator

Australia takes HSBC to court over neglecting scam victims
Australia's corporate regulator has initiated legal action against the local affiliate of the global bank HSBC , claiming it failed to correctly respond to about 950 reports of customers losing close to a million dollars or more.
HSBC Sued by Australian Regulator for Failing to Protect Customers From Scams
Australia’s corporate watchdog is suing the local unit of HSBC Holdings over allegations that the bank failed to protect customers from criminal scams.
HSBC sued by Australian regulator for scam loss failures
Australia’s markets watchdog sued HSBC Bank of Australia Ltd for failing to protect customers who lost millions of dollars in scams.
HSBC Australia sued over scam protection failings
ASIC alleges the bank lacked proper controls to prevent unauthorised transactions and failed to investigate reports promptly.
HSBC faces lawsuit by Australian regulator over alleged bank scam loss failures
HSBC Holdings (NYSE:HSBC)(OTCPK:HBCYF) is facing a lawsuit by the Australian Securities and Investments Commission for allegedly failing to protect its customers from scams.  According to the regulator,
HSBC sued by regulator over alleged 'widespread and systemic' failure to protect customers from scams
HSBC Australia is being sued by market regulator ASIC after the bank allegedly failed to adequately protect customers from scams.
HSBC sued for failing to protect customers from scams
The Australian Securities and Investment Commission claims HSBC's failures led to $23 million lost over four years.
Live news: HSBC sued by Australian markets regulator
The Australian Securities and Investments Commission said that scammers cost HSBC Australia customers A$23mn ($14.6mn) between 2020 and 2024 with some customers losing more than A$90,000. The regulator said the bank was slow in its response to the scams,
HSBC Sued by Australian Regulator for Bank Scam Loss Failures
Australia’s markets watchdog sued HSBC Bank of Australia Ltd. for failing to protect customers who lost millions of dollars in scams.
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Australian regulator takes HSBC’s unit to task for failing to protect customers from scams
HSBC’s Australian unit is being sued by the country’s securities watchdog agency for failing to protect local customers ...
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