v3.25.4
Auditor's remuneration
 12 Months Ended
Dec. 31, 2025
Additional information [abstract]  
Auditor's remuneration
6
Auditor’s remuneration
2025
2024
2023
$m
$m
$m
Audit fees payable to PwC1
108.9
102.8
109.8
Other audit fees payable
2.8
1.6
2.2
Year ended 31 Dec
111.7
104.4
112.0
Fees payable by HSBC to PwC
2025
2024
2023
$m
$m
$m
Fees for HSBC Holdings’ statutory audit2
25.1
22.0
24.1
Fees for other services provided to HSBC
134.0
124.6
131.8
–  audit of HSBC’s subsidiaries
83.8
80.8
85.7
–  audit-related assurance services3
28.2
25.0
26.0
–  other assurance services4,5
22.0
18.8
20.1
Year ended 31 Dec
159.1
146.6
155.9
1Audit fees payable to PwC in 2025 included adjustments made to the prior year audit fee after finalisation of the 2024 financial statements. In addition, $2.1m in
expenses were reimbursed to PwC in 2025.
2Fees payable to PwC for the statutory audit of the consolidated financial statements of HSBC and the separate financial statements of HSBC Holdings. They
include amounts payable for services relating to the consolidation returns of HSBC Holdings’ subsidiaries, which are clearly identifiable as being in support of the
Group audit opinion.
3Including services for assurance and other services that relate to statutory and regulatory filings, including interim reviews.
4Including permitted services relating to attestation reports on internal controls of a service organisation primarily prepared for and used by third-party end users,
including comfort letters.
5Includes reviews of PRA regulatory reporting returns.
No fees were payable by HSBC to PwC as principal auditor for the following types of services: internal audit services and services related to
litigation, recruitment and remuneration.
Fees payable by HSBC’s associated pension schemes to PwC
2025
2024
2023
$000
$000
$000
Audit of HSBC’s associated pension schemes
256
320
297
Year ended 31 Dec
256
320
297
No fees were payable by HSBC’s associated pension schemes to PwC as principal auditor for the following types of services: internal audit
services, other assurance services, services related to corporate finance transactions, valuation and actuarial services, litigation, recruitment and
remuneration, and information technology.
In addition to the above, the estimated fees paid to PwC by third parties associated with HSBC amounted to $7.1m (2024: $9.9m; 2023: $12.3m).
In these cases, HSBC was connected with the contracting party and may therefore have been involved in appointing PwC. These fees arose from
services such as auditing mutual funds managed by HSBC and reviewing the financial position of corporate concerns that borrow from HSBC.
Fees payable for non-audit services for HSBC Holdings are not disclosed separately because such fees are disclosed on a consolidated basis for
the Group.