The Sue Shelley’s story is not to be taken lightly.

It has been reported that Sue Shelley, former head of compliance at HSBC Private Bank Luxembourg was fired in July 2013 after denouncing “failures in compliance” of the bank in Luxembourg.

Sue Shelley testified Monday in a BBC broadcast his doubts on the compliance of certain procedures at HSBC Luxembourg, particularly in terms of tax treatment compliance, while she was in office between 2011 and 2013. The former employee pointed the finger contradictions between the messages conveyed by the private bank and practices, which have greatly disturbed to the point that she went denounce them.

Sue Shelley’s assertions suggests the bank has not solved, as it claims, the tax position of its clients  .

Sue Shelley had almost 30 years of experience and seniority at HSBC when she was recruited by the subsidiary in the Grand Duchy to head the Compliance Department.

10 years in Jersey and 15 of Cayman Islands. After a pause between 2007 and late 2010, during which she had founded his own company that subcontracted with HSBC, she rejoined the group directly in Luxembourg where she was appointed head of compliance at HSBC Private Bank.

On 24 July 2013, is dismissed while she was on sick leave (for reasons that are also related to harassment).

HSBC as employer will never provide the reason for her dismissal she contested before the arbitral tribunal of Luxembourg and it won last December 15 with the key more than 110,000 euros in compensation in respect of pecuniary and pecuniary damage. She initially demanded 900,000 euros.

the judgment of 15 December says nothing about the reasons behind his dismissal, except that it was an unfair dismissal. The bank has also not appealed

The above is extracted and translated from http://bit.ly/1Gypcji