I have sent two more questions to HSBC Bank Malta

12. Now that HSBC Bank Malta has discovered, through revelations in the Panama Papers, that three of its politically exposed clients (Keith Schembri, Malcolm Scerri and Adrian Hillman) have companies in the British Virgin Islands and Panama which were concealed from the Maltese authorities, and that these companies were set up for purposes which the bank will know through professional experience to be illicit, what action will be taken in respect of these three individuals’ accounts with HSBC Bank Malta? Will their accounts be closed to protect the bank from possible links to money-laundering or other illicit activity by politically exposed persons, or will they be put under closer scrutiny?

13. In view of the fact that HSBC Bank Malta’s information reports – bearing in mind that the bank has claimed ownership of them – were used for the purpose of restructuring secret companies in the British Virgin Islands for UBOs who are politically exposed, what steps will the bank now take to ensure that its client information reports are not abused of in this manner in future?