All posts tagged "Goldman Sachs"
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437ChinaCSRC Starts Accepting Licence Applications from US Fund Managers
BlackRock and Neuberger Berman applications to set up wholly-owned mutual fund units were accepted on the first day foreign ownership caps were scrapped in China.
April 2, 2020 -
256Capital RegulationECB Calls on Banks to Suspend Dividends, Buybacks for Six Months
Rabobank, ING, ABN Amro, UniCredit, Commerzbank, Banco Santander, KBC Bank, Allied Irish Bank and Bank of Ireland have suspended dividend and buyback plans until 1 October.
March 31, 2020 -
750ChinaGoldman, Morgan Stanley Approved to Control China Securities JVs
The two US banks have approval to raise their stakes in their securities joint ventures to 51%. On 1 April, foreign ownership caps for securities firms and fund managers will be scrapped entirely.
March 30, 2020 -
734AML / KYCLiar’s Poker – The 1MDB Version
1MDB sorely tested principles-based regulation and compliance at Goldman Sachs. But, the bank was likely set up as a victim from the very beginning, says Peter Guy.
February 11, 2020 -
469ChinaTrade Deal to Enable Early Entry of US Firms to China
Under the agreement, the December timeline for China's removal of foreign ownership limits in the securities sector is brought forward to April.
January 16, 2020 -
1.3KAML / KYCTechnology to Drive Regulatory Agenda in 2020: Thomson Reuters
Technology has displaced the 2008 financial crisis as the main issue driving the international regulatory agenda, says a new report from Thomson Reuters.
January 9, 2020 -
237AML / KYC
US SEC Settles FCPA Charges Against Goldman’s Tim Leissner
Leissner has agreed to be permanently barred from the securities industry for violating antibribery, internal accounting controls, and books and records provisions of federal securities laws.
December 18, 2019 -
603KoreaKorea FSS Pledges to Improve Environment for Foreign FIs
At a meeting with bank and asset manager heads, the FSS promised to lower regulatory and operational barriers for foreign firms looking to enter Korea’s financial markets.
December 3, 2019 -
428AML / KYC
US Agrees to $700mn Settlement with 1MDB Financier Jho Low
The proposed settlement would resolve civil forfeiture cases tied to Low, but does not release him from other criminal charges. Low gets to keep $15mn to pay his lawyers.
October 31, 2019 -
381EnforcementFSC Korea to Raise Penalties for Illegal Short Selling
On top of the higher penalties for illegal short selling, the FSC will penalise violators extra if they are found to have also engaged in unfair dealing.
October 22, 2019
