All posts tagged "Goldman Sachs"
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577EnforcementGoldman, Credit Suisse Raided in Seoul in Samsung BioLogics Probe
Prosecutors are reportedly looking for information about a scrapped Nasdaq listing of a Samsung BioLogics subsidiary, to shed light on possible accounting irregularities.
April 15, 2019 -
353EnforcementUK FCA Fines Goldman for MiFID Transaction Reporting Failures
Goldman has been penalised over $44mn for making over 220 million transaction reporting errors over 9.5 years. The fine is larger than UBS received earlier this month.
March 29, 2019 -
628InternationalLeading Dealers Adopt DTCC-Euroclear Collateral Management Utility
The Margin Transit Utility provides straight-through-processing and centralised communications and settlement instructions for collateral transfer.
March 27, 2019 -
414AML / KYC
Securities Commission Malaysia Issues Show-cause Notice to Goldman
Malaysia’s securities regulator has reportedly issued a show-cause notice to Goldman Sachs, assumed to be in connection with the multi-billion dollar 1MDB scandal.
March 15, 2019 -
548InternationalISDA Consults on Proposals to Clean Up CDS Market
The proposals seek to end a trading practice of encouraging otherwise healthy companies to default by offering them favourable financing in order to pocket CDS payouts.
March 12, 2019 -
453EnforcementUPDATED – Malaysia SC Fines Deloitte for 1MDB-Linked Auditing Breaches
SC says Deloitte failed to immediately report irregularities which may have had a material effect on the ability of a 1MDB unit to repay bondholders. Deloitte is seeking a review of the decision.
January 31, 2019 -
357AML / KYC
MAS Extends Prohibition Against Goldman’s Leissner to Lifetime Ban
The March 2017 prohibition order barring former banker Tim Leissner for 10 years was based on limited information; US DOJ charges provided evidence of his involvement in 1MDB fund flows.
December 20, 2018 -
685AML / KYC
Malaysia Files Criminal Charges Against Goldman Sachs over 1MDB
Malaysian prosecutors have filed criminal charges against three Goldman subsidiaries and two former employees, seeking fines in the billions of dollars and jail terms of up to 10 years.
December 17, 2018 -
442Enforcement
S. Korea Fines Goldman $6.7m for Naked Short Selling
The FSC found that Goldman Sachs conducted naked short selling worth about KRW 40 billion in late May. Naked short selling is prohibited in South Korea.
November 29, 2018 -
417AML / KYC
US Prosecutors Charge Goldman Bankers Over 1MDB Scandal
Malaysian politician Anwar Ibrahim told Bloomberg it would be “inexecusable” if the bank was itself found complicit in money laundering and bribery related to the state development fund.
November 7, 2018
