Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, when Ministers in his Department were first made aware of the findings of the US Senate Homeland Security Sub-Committee that led to HSBC being fined $1.9bn in December 2012.

The Homeland Security & Government Affairs Permanent Subcommittee on Investigations’ report into HSBC was published on 16 July 2012 and was widely covered in the media. The Treasury is not aware of information that would suggest that the UK Government knew of the committee’s findings before they were published.