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

Banking BAN

Issues related to the regulation of large financial institutions, the Volcker Rule, Inter-affiliate margin requirements, capital, stress testing and resolution. Monitored implementation of Public Law 115-174, the Economic Growth, Regulatory Relief and Consumer Protection Act specifically regulatory proposals to modify enhanced prudential standards for foreign banks. Public Law No: 116-136 The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) including monitoring implementation. Public Law No: 116-142 Paycheck Protection Program Flexibility Act of 2020 included monitoring implementation. S. 4117/ H.R.7777, Paycheck Protection Small Business Forgiveness Act H.R. 8265 To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes. OCC Final Rule Community Reinvestment Act (CRA), 12 CFR Parts 25 and 195.

Foreign entity interest: As the parent of HSBC-North America, HSBC Holdings, plc, has interests in the issues above.

Contacted: HOUSE OF REPRESENTATIVES; SENATE; Federal Reserve System; Treasury, Dept of; Small Business Administration (SBA)

Bills named: S. 4117 (116th), H.R. 7777 (116th), H.R. 8265 (116th)

Financial Institutions/Investments/Securities FIN

Bank Secrecy Act reform and Beneficial Ownership reporting proposals, generally S.3798 Hong Kong Autonomy Act H.R. 7083 Hong Kong Autonomy Act H.R. 7440 Hong Kong Accountability Act Monitored S.945/H.R. 7000 Holding Foreign Companies Accountable Act Monitored S.3744 Uyghur Human Rights Policy Act of 2020 Monitored H.R. 6210 Uyghur Forced Labor Prevention Act Monitored S.3471 Uyghur Forced Labor Prevention Act Monitored H.R. 6270 Uyghur Forced Labor Disclosure Act of 2020 Monitored S.4049 National Defense Authorization Act for Fiscal Year 2021

Foreign entity interest: As the parent of HSBC-North America. HSBC Holdings, plc, has interests in the issues above.

Contacted: SENATE; Treasury, Dept of; Federal Reserve System; HOUSE OF REPRESENTATIVES; Small Business Administration (SBA)

Bills named: H.R. 7000 (116th), S. 3798 (116th), S. 3471 (116th), H.R. 7083 (116th), H.R. 6210 (116th), S. 945 (116th), H.R. 6270 (116th), H.R. 7440 (116th), S. 4049 (116th), S. 3744 (116th)