Client assets may be deposited with a third party who may have a security interest, lien or right of set off (together "liens") to the extent required by the applicable law in the jurisdiction where those assets are held, or for any fees arising from the provision of services by that third party. Details of the liens that may be held by third parties are provided below.

Type (a) liens: Assets held with this agent in this market are subject to a security interest which enables third parties such as the agent or CSD to sell our client assets in order to recover debts related to our clients, or provision of custody services to our clients.

Type (b) liens: Assets held with this agent in this market are subject to a security interest which is required by law in the relevant jurisdiction. Such security interests may enable third parties such as the agent or CSD to sell our client assets for debts which are not related to our clients, or provision of custody services to our clients.

The table below sets out HSBC Bank plc's current understanding of the third-party security interests that may exist over clients' safe custody assets. We may periodically update this page to reflect important changes, including the agents used in each market. HSBC Bank plc provides information on this page to comply with applicable regulatory requirements and for general information purposes only. The content of this page does not constitute investment advice or any form of recommendation and you are solely responsible for making your own independent appraisal of and investigations into products, investments and transactions.

Market

Sub-Custodian Name

Lien - Type (a)/(b)

Argentina
HSBC BANK ARGENTINA SA
(a)
Australia
HSBC BANK AUSTRALIA LIMITED
(a)
Austria
HSBC CONTINENTAL EUROPE S.A., GERMANY (FOR AUSTRIA MARKET)
(a)
Bahrain
HSBC BANK MIDDLE EAST LIMITED - BAHRAIN
(a)
Bangladesh
THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED - BANGLADESH
(a)
Belgium
BNP PARIBAS SA, BELGIUM
(a)
Belgium
EUROCLEAR BANK SA/NV
(a)*
Belgium
EUROCLEAR BANK SA/NV - SECURITIES LENDING COLLATERAL MANAGEMENT
(a)
Benin
SOCIETE GENERALE COTE D'IVOIRE, COTE D'IVOIRE
no lien
Bermuda
HSBC BANK BERMUDA LIMITED
(a)
Bosnia & Herzegovina
UNICREDIT BANK D.D., BOSNIA AND HERZEGOVINA
(a)
Botswana
STANDARD CHARTERED BANK BOTSWANA LIMITED
(a)
Brazil
BANCO BNP PARIBAS BRASIL S/A
no lien
Brazil
BANCO BRADESCO SA
no lien
Bulgaria
UNICREDIT BULBANK AD
(a)
Burkina Faso
SOCIETE GENERALE COTE D'IVOIRE, COTE D'IVOIRE
no lien
Canada
ROYAL BANK OF CANADA
(a)
Chile
BANCO SANTANDER CHILE
no lien
China
HSBC BANK (CHINA) COMPANY LIMITED
(a)
China
CITIBANK (CHINA) COMPANY LIMITED
(a)
Colombia
CITITRUST COLOMBIA S.A.
(a)
Colombia
S3 CACEIS COLOMBIA S.A. SOCIEDAD FIDUCIARIA
no lien
Costa Rica
BANCO NACIONAL DE COSTA RICA
no lien
Croatia
PRIVREDNA BANKA ZAGREB D D
no lien
Cyprus
BNP PARIBAS SA, ATHENS BRANCH
no lien
Cyprus
HSBC CONTINENTAL EUROPE, FRANCE (FOR CYPRUS MARKET)
no lien
Czech Republic
CESKOSLOVENSKA OBCHODNI BANKA A.S
no lien
Denmark
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) - DENMARK
(a)
Egypt
HSBC BANK EGYPT SAE
(a)
Estonia
AS SEB PANK, ESTONIA
(a)
Finland
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) - FINLAND
(a)
France
BNP PARIBAS SA, FRANCE
(a)
France
CACEIS BANK
(a)
Germany
HSBC CONTINENTAL EUROPE S.A., GERMANY
(a)
Ghana
STANBIC BANK GHANA LIMITED
(a)
Greece
BNP PARIBAS SA, ATHENS BRANCH
no lien
Hong Kong
THE HONGKONG SHANGHAI BANKING CORP LTD -HK
(a)
Hungary
UNICREDIT BANK HUNGARY ZRT
(a)
Iceland
LANDSBANKINN HF
no lien
India
THE HONGKONG SHANGHAI BANKING CORP LTD-INDIA
(a)
Indonesia
PT BANK HSBC INDONESIA
(a)
Israel
BANK LEUMI LE-ISRAEL BM
no lien
Italy
BNP PARIBAS SA, ITALY
(a)
Ivory Coast
SOCIETE GENERALE COTE D'IVOIRE, COTE D'IVOIRE
no lien
Japan
THE HONGKONG SHANGHAI BANKING CORP LTD -JPN
(a)
Jordan
BANK OF JORDAN
no lien
Kazakhstan
JSC CITIBANK KAZAKHSTAN
(a)
Kenya
STANDARD CHARTERED BANK KENYA LIMITED
(a)
Kenya
STANBIC BANK KENYA LIMITED
(a)
Kuwait
HSBC BANK MIDDLE EAST LIMITED - KUWAIT
(a) and (b)
Latvia
AS SEB BANKA, LATVIA
(a)
Lebanon
BANK AUDI S.A.L.
no lien
Lithuania
AB SEB BANKAS, LITHUANIA
(a)
Luxembourg
CLEARSTREAM BANKING SA
(a)
Luxembourg
HSBC CONTINENTAL EUROPE, LUXEMBOURG BRANCH
no lien
Luxembourg
J.P. MORGAN SE, LUXEMBOURG BRANCH
no lien
Malawi
STANDARD CHARTERED BANK (MAURITIUS) LIMITED, MALAWI
no lien
Malaysia
HSBC BANK MALAYSIA BERHAD
(a)
Mali
SOCIETE GENERALE COTE D'IVOIRE, COTE D'IVOIRE
no lien
Malta
HSBC BANK MALTA PLC
no lien
Mauritius
HONGKONG SHANGHAI BANKING CORP LTD-MAURITIUS
(a) and (b)
Mexico
BANCO S3 CACEIS MEXICO, S.A., INSTITUCION DE BANCA MULTIPLE
no lien
Mexico
HSBC MEXICO, S.A.
(a)
Morocco
CITIBANK MAGHREB S.A.
(a)
Namibia
STANDARD BANK NAMIBIA LIMITED
no lien
Netherlands
BNP PARIBAS SA, NETHERLANDS
(a)
New Zealand
THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED - NEW ZEALAND
(a)
Niger
SOCIETE GENERALE COTE D'IVOIRE, COTE D'IVOIRE
no lien
Nigeria
STANBIC IBTC BANK PLC
(a)
Norway
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) - NORWAY
(a)
Oman
STATE STREET BANK AND TRUST COMPANY, LONDON BRANCH (FOR OMAN MARKET)
(a)
Oman
HSBC BANK MIDDLE EAST LIMITED, OMAN BRANCH
(a)
Pakistan
CITIBANK N.A. - PAKISTAN
(a)
Palestine
BANK OF JORDAN, PALESTINE
no lien
Peru
CITIBANK DEL PERU S.A.
(a)
Philippines
HONGKONG SHANGHAI BANKING CORP LTD-PHILIPPINES
(a)
Poland
BANK POLSKA KASA OPIEKI S.A.
no lien
Portugal
BNP PARIBAS SA, PORTUGAL
(a)
Qatar
HSBC BANK MIDDLE EAST LIMITED - QATAR
(a)
Romania
CITIBANK EUROPE PLC, DUBLIN ROMANIA BRANCH
(a)
Russia
AO CITIBANK
(a)
Saudi Arabia
HSBC SAUDI ARABIA LIMITED
(a)
Senegal
SOCIETE GENERALE COTE D'IVOIRE, COTE D'IVOIRE
no lien
Serbia
UNICREDIT BANK SRBIJA A.D.
(a)
Singapore
THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED - SINGAPORE
(a) and (b)
Slovakia
CESKOSLOVENSKA OBCHODNA BANKA A.S
no lien
Slovenia
UNICREDIT BANKA SLOVENIJA D.D.
(a)
South Africa
STANDARD BANK OF SOUTH AFRICA LIMITED - SOUTH AFRICA
no lien
South Korea
THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED - SOUTH KOREA
(a)
Spain
BNP PARIBAS SA, SPAIN
(a)
Sri Lanka
THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED - SRI LANKA
(a)
Sweden
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) - SWEDEN
(a)
Switzerland
UBS SWITZERLAND AG
(a)
Taiwan
HSBC BANK (TAIWAN) LIMITED
(a)
Tanzania
STANDARD CHARTERED BANK (MAURITIUS) LIMITED, TANZANIA
no lien
Thailand
THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED - THAILAND
(a)
Togo
SOCIETE GENERALE COTE D'IVOIRE, COTE D'IVOIRE
no lien
Tunisia
UNION INTERNATIONALE DE BANQUES, TUNISIA
no lien
Türkiye
HSBC BANK AS
(a)
Türkiye
TURK EKONOMI BANKASI ANONIM SIRKETI. (A.S.)
no lien
UAE
HSBC BANK MIDDLE EAST LIMITED - UAE
(a)
Uganda
STANBIC BANK UGANDA LIMITED
(a)
UK
BANK OF NEW YORK MELLON, LONDON BRANCH- SECURITIES LENDING COLLATERAL MANAGEMENT
(a)
UK
EUROCLEAR UK & INTERNATIONAL LIMITED
(a)
UK
JP MORGAN CHASE BANK NA
no lien
UK
JP MORGAN CHASE BANK N.A - SECURITIES LENDING COLLATERAL MANAGEMENT
(a)
UK
STATE STREET BANK & TRUST CO
(a)
USA
BANK OF NEW YORK MELLON (BNYM)
(a)
USA
BROWN BROTHERS HARRIMAN & CO
(a)
USA
CITIBANK, N.A. USA
(a)
USA
HSBC BANK USA, N.A
(a)
Vietnam
HSBC BANK (VIETNAM) LTD
(a)
Zambia
STANBIC BANK ZAMBIA LIMITED
(a)
Zimbabwe
STANDARD BANK OF SOUTH AFRICA LIMITED - ZIMBABWE
(a)

* For certain clients, the security interests over safe custody assets may be both an (a) and (b) lien – please contact your Client Relationship Manager if you require further information.

Clients that have appointed HSBC Continental Europe (HSBC France changed its legal name to HSBC Continental Europe on 1 December 2020) as their custodian or depositary will hold financial instruments in a securities account with HSBC Continental Europe or one of its branches. HSBC Continental Europe has appointed HSBC Bank plc as a global sub-custodian and has granted a lien to HSBC Bank plc, as the global sub-custodian. This lien is stated in the table below. Additionally HSBC Bank plc has granted liens to the sub-custodians that HSBC Bank plc have appointed to hold financial instruments in each market. For transparency purposes, these liens are included in the table above, and the sub-custodian chain where financial instruments are held is documented in the statements issued to clients of HSBC Continental Europe.

Market

Sub-Custodian Name

Lien - Type (a)/(b)

Global
HSBC BANK PLC
(a)

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