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HSBC Bank Middle East Limited - Announcement

XEL

RNS Number : 7868C
HSBC Bank Middle East Limited
30 June 2016
 

 

HSBC Bank Middle East Limited - Announcement

 

Further to the announcement on 17 September 2015, HSBC Bank Middle East Limited ('HBME'), an indirect wholly-owned subsidiary of HSBC Holdings plc, confirms it has transferred its place of incorporation and head office from Jersey to the Dubai International Financial Centre effective today, 30 June 2016.

 

As a result of the transfer, HBME is now lead-regulated by the Dubai Financial Services Authority. HBME remains locally regulated in each of the countries in which it operates by the country's Central Bank and its other regulators. This re-location has no material impact on HBME's business in the countries in which it operates.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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