On June 20th, 2024, HSBC Holdings announced that its board of directors has approved the scope of authority of the group's supervisory committee. This committee is responsible for overseeing financial reporting and internal control matters, including the integrity of financial statements, the effectiveness of the audit department and external auditors, and the effectiveness of internal control systems. The committee consists of at least three members, all of whom are independent non-executive directors, one of whom must have financial experience. The chairman of the committee is appointed by the board of directors. The committee will regularly meet separately with external auditors and audit department heads and is responsible for reviewing financial reports, internal audits, external audits, internal controls, and reporting policies. In addition, the committee will oversee the supervisory committees of the group's major subsidiaries and review its own performance and scope of authority annually.

On June 20th, 2024, HSBC Holdings announced that its board of directors has approved the scope of authority of the group's supervisory committee. This committee is responsible for overseeing financial reporting and internal control matters, including the integrity of financial statements, the effectiveness of the audit department and external auditors, and the effectiveness of internal control systems. The committee consists of at least three members, all of whom are independent non-executive directors, one of whom must have financial experience. The chairman of the committee is appointed by the board of directors. The committee will regularly meet separately with external auditors and audit department heads and is responsible for reviewing financial reports, internal audits, external audits, internal controls, and reporting policies. In addition, the committee will oversee the supervisory committees of the group's major subsidiaries and review its own performance and scope of authority annually.