When it comes to money launderers, former HSBC Group Chief Executive Stuart Gulliver hit the nail on the head when he said, “We must always be one step ahead of them. As a steward of the global financial system, we must play a full part in protecting it. … It is up to us to protect the firm we work for [HSBC] from the reputational financial damage of allowing illicit actors into the banking system through HSBC; it’s you, it’s me.”
