HSBC Holdings PLC Outcome of audit tender process (3918N)
20 Gennaio 2023 - 10:00AM
UK Regulatory (RNS & others)
TIDMHSBA
RNS Number : 3918N
HSBC Holdings PLC
20 January 2023
20 January 2023
HSBC HOLDINGS PLC
OUTCOME OF AUDIT TENDER PROCESS
Following the conclusion of a formal competitive audit tender
process, the Board of HSBC Holdings plc (the Company) has approved
the re-appointment of PricewaterhouseCoopers LLP as external
auditor of the statutory audits of the Company for 2025 and beyond.
The audit tender process considered both large and challenger audit
firms, and was led by the Group Audit Committee.
As a UK public interest entity, we are required to tender our
audit every 10 years and rotate every 20 years. We disclosed in our
2021 Annual Report & Accounts the intention to commence an
audit tender, given PricewaterhouseCoopers LLP were initially
appointed for the audit of the 2015 Annual Report &
Accounts.
Further details of the audit tender process and evaluation
criteria will be included in our 2022 Annual Report & Accounts,
which is due to be published on 21 February 2023. This appointment
is subject to shareholder approval at the Company's 2024 Annual
General Meeting.
Investor enquiries to:
Richard O'Connor +44 (0)20 7991 6590 investorrelations@hsbc.com
Media enquiries to:
Kirsten Smart +44 7725 733 311 pressoffice@hsbc.com
Note to editors:
HSBC Holdings plc
HSBC Holdings plc, the parent company of HSBC, is headquartered
in London. HSBC serves customers worldwide from offices in 63
countries and territories in its geographical regions: Europe,
Asia, North America, Latin America, and Middle East and North
Africa. With assets of US$2,992bn at 30 September 2022, HSBC is one
of the world's largest banking and financial services
organisations.
ends/all
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