HSBC reports potential money laundering breaches in Australia

LONDON (Reuters) - HSBC has reported itself to Australia's financial regulator for possible breaches of anti-money laundering rules, the bank disclosed in a regulatory filing by its Australian subsidiary.The breaches involved small amounts of cross-border foreign currency transactions involving non-banking financial institutions that the London-headquartered bank was unable to properly report for technical reasons, HSBC said. The 2019 annual report of HSBC's Australian subsidiary said it had..