HSBC TECHNOLOGY AND SERVICES USA INC.

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 Financial regulatory reform issues Capital requirements Federal Preemption

Digital Assets Policy Security-based swaps and securities disclosure regulations Financial crime mitigation, anti-money laundering, know your customer, financial fraud prevention, and sanctions implementation Issues related to treasury market structure, functioning and resilience NPRM (FR 55846) provisions pertaining to U.S. investments in certain national security technologies and products in countries of concern. H.R. 2392, the Stablecoin Transparency and Accountability for a Better Ledger Economy Act of 2025 S. 394, the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025

Regulatory cooperation through dialogues between governments in support of global trade and data flows across borders. US-UK Economic Prosperity Deal

Tax policy related to H.R. 1, One Big Beautiful Bill Act, Section 899