{"id":27752,"date":"2015-02-09T06:01:02","date_gmt":"2015-02-09T06:01:02","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=27752"},"modified":"2015-02-09T06:09:00","modified_gmt":"2015-02-09T06:09:00","slug":"the-hsbc-switzerland-story","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2015\/02\/09\/the-hsbc-switzerland-story\/","title":{"rendered":"The HSBC Switzerland story"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.theguardian.com\/business\/2015\/feb\/08\/hsbc-files-expose-swiss-bank-clients-dodge-taxes-hide-millions\">Guardian \/ BBC story of alleged tax evasion at HSBC <\/a>between 2005 and 2007 <a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2010\/09\/27\/closing-in-on-the-tax-evaders\/\">covers old ground<\/a>\u00a0for some of us who have been around the tax haven scene for some time. But, five years after i first covered the story there are still questions to ask.<\/p>\n<p>First, why has HSBC survived all the scandals surrounding it with a banking licence?<\/p>\n<p>Second, why has no one been prosecuted in HSBC in the UK as yet?<\/p>\n<p>Third, why was Stephen Green allowed to be made a peer and a minister and why was he not made to resign as they HSBC scandals (for there have been many) unfolded?<\/p>\n<p>Fourth, why is the Church of England now letting The Rev Lord Stephen Green (for the former chair of HSBC and HSBC private bank in Switzerland is a Church of England vicar on the side and, it seems, a mate of Justin Welby) shape the future direction of training for its ministers, based on the model of banking (unbelievably)?<\/p>\n<p>Fifth, why has HMRC prosecuted just one case?<\/p>\n<p>Sixth, why has so little money been recovered?<\/p>\n<p>Seventh, why the collective blind eye turning from the upper echelons of society?<\/p>\n<p>I would really like answers, even if some are probably predictable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Guardian \/ BBC story of alleged tax evasion at HSBC between 2005 and 2007 covers old ground\u00a0for some of us who have been around<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2015\/02\/09\/the-hsbc-switzerland-story\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,63,55],"tags":[],"class_list":["post-27752","post","type-post","status-publish","format-standard","hentry","category-banking","category-switzerland","category-tax-evasion"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/27752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=27752"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/27752\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=27752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=27752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=27752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}