Exhibit 15.5

	C G Singer	T +44 1737 241144
	Consulting Actuary	D +44 1737 274192
		F +44 1737 241496
	Watson House	colin.singer@towerswatson.com
	London Road	towerswatson.com
	Reigate
	Surrey RH2 9PQ
	UK

17 December 2013

The Board of Directors

HSBC Holdings plc

I, C G Singer, consent to be named as valuation actuary of the HSBC Bank (UK) Pension Scheme in the Annual Report on Form 20-F for the year ended December 31, 2013 of HSBC Holdings plc and to the incorporation by reference of references to us in the registration statements (nos. 333-10474, 333-92024, 333-102027, 333-103887, 333-104203, 333-109288, 333-113427, 333-127327, 333-126531, 333-135007, 333-143639, 333-145859, 333-155338, 333-158054, 333-158065, 333-162565, 333-170525, 333-176732, 333-180288 and 333-183806).

Sincerely,

/s/ C G Singer

C G Singer

Fellow of the Institute and Faculty of Actuaries

Towers Watson Limited is registered in England and Wales

Registration number: 5379716, Registered address: Watson House, London Road, Reigate, Surrey RH2 9PQ, UK.

Authorised and regulated by the Financial Conduct Authority.

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