The Department for Education says that schools should only be closed as a last resort and that pupils and staff should seek alternative transport arrangements wherever safe and appropriate.
Agencies should make all appropriate efforts to conduct business and host or sponsor conferences in space controlled by the Federal Government, wherever practicable and cost effective.
"HSBC takes compliance with the law, wherever it operates, very seriously and strongly supports the efforts of governments and regulators to detect unlawful activity and take appropriate action, " the statement said.