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Related party transactions (Tables)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Related Party [Abstract]    
Disclosure of compensation of key management personnel
Shares
Shareholding guidelines (number of shares)Share interests (number of shares)
Laura Cha (retired on 28 May 2021)15,00016,200 
Henri de Castries (retired on 28 May 2021)15,00019,251 
Rachel Duan (appointed to the Board on 1 Sep 2021)15,000— 
Dame Carolyn Fairbairn (appointed to the Board on 1 Sep 2021)15,000— 
James Forese15,000115,000 
Steven Guggenheimer15,00015,000 
Irene Lee15,00015,000 
José Antonio Meade Kuribreña15,00015,000 
Heidi Miller (retired on 28 May 2021)15,00015,700 
Eileen Murray15,00075,000 
David Nish 15,00050,000 
Jackson Tai 15,00066,515 
Mark Tucker15,000307,352 
Pauline van der Meer Mohr 15,00015,000 
Compensation of Key Management Personnel
202120202019
$m$m$m
Short-term employee benefits 50 39 64 
Other long-term employee benefits 6 5 8 
Share-based payments 27 20 27 
Year ended 31 Dec83 64 99 
The following table shows the total fees and benefits of non-executive Directors for 2021, together with comparative figures for 2020.
Fees and benefits
(Audited)
Fees1
Benefits2
Total
(£000)202120202021202020212020
Henri de Castries3
82 202 22 1 104 203 
Laura Cha3, 4
242 587 18 — 260 587 
Rachel Duan5
67 — — — 67 — 
Dame Carolyn Fairbairn6
80 — — — 80 — 
James Forese7
572 160 — — 572 160 
Steven Guggenheimer8
250 134 — — 250 134 
Irene Lee9
556 546 — — 556 546 
José Antonio Meade Kuribreña10
223 202 — 4 223 206 
Heidi Miller3, 11
251 632 19 7 270 639 
Eileen Murray12
266 120 — — 266 120 
David Nish13
482 480 10 8 492 488 
Jackson Tai350 355 — 12 350 367 
Mark Tucker14
1,500 1,500 33 52 1,533 1,552 
Pauline van der Meer Mohr15
291 312 — 2 291 314 
Total (£000)5,212 5,230 102 79 5,314 5,309 
Total ($000)7,1696,9581401057,3097,063
1Fees are in line with the Directors' remuneration policy that was approved at the 2019 AGM. Fees include a travel allowance of £4,000 for non-UK based non-executive Directors and for all non-executive Directors effective from 1 June 2019. Given the travel restrictions in place, the Board was unable to travel to attend meetings in person. Therefore, no travel allowance was paid to non-executive Directors during 2021.
2    Benefits include taxable expenses such as accommodation, travel and subsistence relating to attendance at Board and other meetings at HSBC Holdings' registered offices. Amounts disclosed have been grossed up using a tax rate of 45%, where relevant.
3    Retired from the Board on 28 May 2021.
4    Includes fees of £177,000 (2020: £423,800) for her role as non-executive Chair and member of the Nomination Committee of The Hongkong and Shanghai Banking Corporation Limited.
5    Appointed to the Board and as a member of the Group Remuneration Committee and Nomination & Corporate Governance Committee on 1 September 2021.
6    Appointed to the Board and as a member of the Group Risk Committee, Group Remuneration Committee and Nomination & Corporate Governance Committee on 1 September 2021.
7    Includes fees of £332,000 (2020: £nil) in relation to his role as a non-executive Director of HSBC North America Holdings, Inc. He was appointed as non-executive Chair on 28 May 2021.
8    Appointed as Co-Chair of the Technology Governance Working Group on 1 March 2021.
9    Includes fees of £380,000 (2020: £546,000) in relation to her roles as a Director, Remuneration Committee Chair, Audit Committee member and Risk Committee member of The Hongkong and Shanghai Banking Corporation Limited and in relation to her role as non-executive Chair of Hang Seng Bank Limited.
10     Appointed to the Group Remuneration Committee on 28 May 2021.
11    Includes fees of £169,000 (2020: £431,000) in relation to her role as non-executive Chair of HSBC North America Holdings, Inc.
12    Appointed as Co-Chair of the Technology Governance Working Group on 1 March 2021. Stepped down as a member of the Group Audit Committee on 28 May 2021.
13    Stepped down as a member of Group Remuneration Committee on 23 February 2021.
14 As previously announced in 2020, a part of the fee for 2021 was donated to charity. The fee shown in the single figure of remuneration is the gross fee before charitable donations.
15    Stepped down as a member of the Group Risk Committee on 28 May 2021.
Disclosure of shareholdings, options and other securities of key management personnel
Shareholdings, options and other securities of Key Management Personnel
20212020
(000s)(000s)
Number of options held over HSBC Holdings ordinary shares under employee share plans 35 27 
Number of HSBC Holdings ordinary shares held beneficially and non-beneficially 13,529 11,916 
Number of other HSBC securities held1
228 228 
At 31 Dec13,792 12,171 
1 The disclosure includes other HSBC securities held by Key Management Personnel and comparatives for 2020 have now been presented.
  
Disclosure of transactions and balances during the year with associates and joint ventures
Advances and credits, guarantees and deposit balances during the year with Key Management Personnel
20212020
Balance at
31 Dec		Highest amounts
outstanding
during year
Balance at
31 Dec
Highest amounts
outstanding
during year
$m$m$m$m
Key Management Personnel
Advances and credits1
373 401 221 357 
Guarantees25 45 30 55 
Deposits284 3,190 281 874 
1    Advances and credits entered into by subsidiaries of HSBC Holdings plc during 2021 with Directors and former Directors, disclosed pursuant to section 413 of the Companies Act 2006, totalled $2.8m (2020: $4.7m).
Transactions and balances during the year with associates and joint ventures
20212020
Highest balance
during the year		Balance at
31 Dec		Highest balance
during the year		Balance at
31 Dec
$m$m$m$m
Unsubordinated amounts due from joint ventures160 96 147 147 
Unsubordinated amounts due from associates4,527 4,188 4,330 2,942 
Amounts due to associates 3,397 1,070 5,466 2,226 
Amounts due to joint ventures102 44 102 102 
Guarantees and commitments1,016 347 433 283 
Transactions and balances during the year with subsidiaries
20212020
Highest balance
during the year
Balance at
31 Dec		Highest balance
during the year		Balance at
31 Dec
$m$m$m$m
Assets
Cash and balances with HSBC undertakings3,397 2,590 5,476 2,913 
Financial assets with HSBC undertakings designated and otherwise mandatorily measured at fair value64,686 51,408 65,253 65,253 
Derivatives 4,187 2,811 5,784 4,698 
Loans and advances to HSBC undertakings27,142 25,108 10,785 10,443 
Prepayments, accrued income and other assets1,555 1,135 1,838 1,363 
Investments in subsidiaries 163,211 163,211 161,546 160,660 
Total related party assets at 31 Dec264,178 246,263 250,682 245,330 
Liabilities
Amounts owed to HSBC undertakings 340 111 581 330 
Derivatives 2,872 1,220 3,376 3,060 
Accruals, deferred income and other liabilities2,036 1,732 2,737 1,936 
Subordinated liabilities900 900 892 892 
Total related party liabilities at 31 Dec6,148 3,963 7,586 6,218 
Guarantees and commitments16,477 13,746 15,661 13,787