Quote:
Originally Posted by Maggy J
I'd say HSBC pretty much have got away with a lot more than they have been punished for..  |
I don't think prosecuting individuals for wrongdoing would result in HSBC or any other bank upping and moving elsewhere. More of that could, and should have been done.
But prosecuting wrongdoers is not the same as creating a hostile regulatory and tax framework. Doing that, over time, encourages businesses that can move, to do so.