3rd Quarter - Report

HSBC TECHNOLOGY AND SERVICES USA INC. for HSBC TECHNOLOGY AND SERVICES USA INC.

Firm
Client
Income
—
Expenses
$440,000
Expense method
C: businesses, Internal Revenue Code section 162(e)

What was lobbied

3 issue areas, each in the filer's own words, with who lobbied on it and where.

Banking BAN

Implementation on Public Law 115-174, the Economic Growth, Regulatory Relief and Consumer Protection Act relating to prudential regulatory requirements such as capital, liquidity and stress testing. Bank regulatory issues, including US implementation of Basel 3 reforms and joint-agency proposal for long-term debt requirements. Capital requirements Implementation of Public Law No: 117-169, Inflation Reduction Act of 2022 Federal Preemption

Foreign entity interest: As the ultimate parent of HSBC Technology & Services USA, Inc., HSBC Holdings, plc, has interests in the issues above.

LobbyistCovered position, as disclosed
ALYSSA MAROIS —
MARK SCHUERMANN —
DANIEL TAYLOR —

Contacted: Federal Reserve System; SENATE; Office of the Comptroller of the Currency (OCC); HOUSE OF REPRESENTATIVES

Financial Institutions/Investments/Securities FIN

Digital Assets policy Security-based swaps and securities disclosure regulations Financial crime mitigation, anti-money laundering, financial fraud prevention, and sanctions implementation Sustainable finance Treasury Market Structure Issues related to custody banking and relevant pending rulemaking proposals specifically the Safeguarding Advisory Client Assets proposed rule at the SEC. Issues related to structured finance and securitization NPRM (FR 55846) provisions pertaining to U.S. investments in certain national security technologies and products in countries of concern.

Foreign entity interest: As the ultimate parent of HSBC Technology & Services USA, Inc., HSBC Holdings, plc, has interests in the issues above.

LobbyistCovered position, as disclosed
ALYSSA MAROIS —
MARK SCHUERMANN —
DANIEL TAYLOR —

Contacted: SENATE; Energy, Dept of; Commerce, Dept of (DOC); Treasury, Dept of; Securities & Exchange Commission (SEC); HOUSE OF REPRESENTATIVES; Commodity Futures Trading Commission (CFTC); State, Dept of (DOS); Federal Reserve System

Trade (domestic/foreign) TRD

Regulatory cooperation through dialogues between governments in support of global trade and data flows across borders.

Foreign entity interest: As the ultimate parent of HSBC Technology & Services USA, Inc., HSBC Holdings, plc, has interests in the issues above.

LobbyistCovered position, as disclosed
ALYSSA MAROIS —
MARK SCHUERMANN —
DANIEL TAYLOR —

Contacted: State, Dept of (DOS); SENATE; HOUSE OF REPRESENTATIVES

Shown as published by the Senate Office of Public Records and the House Clerk under the Lobbying Disclosure Act. The official filing is the record; open it for the full form.