► Full reference: M. Lassalle-Han, “Une deuxième CJIP dans l’affaire des fraudes d’arbitrage de dividendes” (“A Second CJIP in the Dividend Arbitrage Fraud Case”), note on CJIP HSBC Bank PLC, 6 January 2026, validated by order of the President of the Paris Judicial Court, 8 January 2026, AJ pénal 2026, No. 4, pp. 200-201.
🦉 This article is available in full text for students enrolled in Professor Marie-Anne Frison-Roche’s courses.
► Summary: The author comments on the CJIP concluded with HSBC Bank PLC, the second agreement in the “CumEx Files” affair after the one with Crédit Agricole. He places dividend arbitrage fraud in its European and tax context and compares the offences retained (aggravated tax fraud, complicity, laundering) and the treatment of banks according to their degree of cooperation.