Former Lloyds Director, Alison Hewitt, Joins HSBC as European Head of Regulatory Compliance
- Europe’s largest bank, HSBC Holdings Plc, has announced the appointment of Alison Hewitt, formerly of Lloyds Banking Group, having recruiting her for the key role of Head of Regulatory Compliance in its European Division.


Europe’s largest banking entity, HSBC Holdings Plc, has announced the appointment of Alison Hewitt, formerly of Lloyds Banking Group, having recruited her for the key role of Head of Regulatory Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term in its European Division.
In her new role at HSBC, Mrs. Hewitt will report to the group’s Global Head of Regulatory Compliance, Ruth Hogan. Indeed, HSBC’s fortification of its Compliance Division represents an attempt to overcome a 2012 Money Laundering Money Laundering Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Read this Term probe launched by the US Department of Justice that cost the group $1.9 billion. Since then, HSBC has brought in Hogan amid an outgoing resignation from David Bagley.
Rich Background in Compliance
Mrs. Hewitt previously served as the Retail Business Risk Director at Lloyds, where she was responsible for compliance and the Consumer Division. Furthermore, prior to joining Lloyds in 2006, Mrs. Hewitt also worked with the UK’s Financial Services Authority (FSA), helping oversee enforcement and supervisory provisions.
Despite the recent cessation of outflowing news surrounding a global conflux of probes into the manipulation of rates by global banking giants, the process and allegations are still ongoing. With the spotlight fixed on banks by global regulators, the bolstering of HSBC’s Compliance unit represents a prudent step in repairing the image of the group itself.

Europe’s largest banking entity, HSBC Holdings Plc, has announced the appointment of Alison Hewitt, formerly of Lloyds Banking Group, having recruited her for the key role of Head of Regulatory Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term in its European Division.
In her new role at HSBC, Mrs. Hewitt will report to the group’s Global Head of Regulatory Compliance, Ruth Hogan. Indeed, HSBC’s fortification of its Compliance Division represents an attempt to overcome a 2012 Money Laundering Money Laundering Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Read this Term probe launched by the US Department of Justice that cost the group $1.9 billion. Since then, HSBC has brought in Hogan amid an outgoing resignation from David Bagley.
Rich Background in Compliance
Mrs. Hewitt previously served as the Retail Business Risk Director at Lloyds, where she was responsible for compliance and the Consumer Division. Furthermore, prior to joining Lloyds in 2006, Mrs. Hewitt also worked with the UK’s Financial Services Authority (FSA), helping oversee enforcement and supervisory provisions.
Despite the recent cessation of outflowing news surrounding a global conflux of probes into the manipulation of rates by global banking giants, the process and allegations are still ongoing. With the spotlight fixed on banks by global regulators, the bolstering of HSBC’s Compliance unit represents a prudent step in repairing the image of the group itself.