Here is a clip of Andrew Tyrie, Chair of the Treasury Select Committee, asking Mark Carney, Governor of the Bank of England whether he had any discussions with Chancellor George Osborne about the US Department of Justice decision not to prosecute HSBC for violations of money laundering regulations. This followed a report from the Republican Party which states that both George Osborne and the Financial Services Authority lobbied the DoJ, and interfered with their decision making, on the basis that any such prosecution would destabilise the financial industry. Given the involvement of Osborne and the FSA in the US is it any wonder that no action is taken against HSBC in the country of its headquarters, UK, for the massive fraud disclosed on this site?
In my opinion Carney is very cagey with his answers.
Andrew Tryrie seemed strangely sceptical of the report so here, in no particular order are extracts from the report. Osborne even had a meeting with Chairman of the US Federal Reserve about the matter. And see here for more on Osborne & HSBC.