Regulator said he failed to file suspicious transaction reports related to 1MDB.
Tag: 1MDB
MAS bans wealth manager for life
For his role in the scandal-hit Malaysian sovereign wealth fund 1MDB.
Ex-Goldman exec banned for life in HK
For involvement in the 1MDB scandal, Tim Leissner also has a lifetime prohibition on entering Singapore’s financial industry.
MAS furious over ‘defamatory’ 1MDB article
The Monetary Authority of Singapore has filed a police report against the author, saying the article ‘impugned the integrity’ of the regulator.
Singapore prefers public shame, not fines
Singapore’s decision not to impose the same hefty fines on banks linked to 1MDB as other countries, but to instead name and punish individuals responsible, is a strong deterrent, said Ravi Menon, managing director of the city-state’s financial regulator.
Rothschild fined €9m over 1MDB failings
Swiss private bank Edmond de Rothschild has been fined nearly €9m ($10m) by Luxembourg’s financial regulator for its handling of funds reportedly linked to beleaguered sovereign wealth fund 1Malaysia Development Berhad.
US seeks $1.7bn from 1MDB fund scandal
The US Department of Justice (DOJ) is working to recover around $1.7bn in assets linked to an international conspiracy to launder funds misappropriated from Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB).
Singapore bans ex-Goldman Sachs banker in 1MDB scandal
Former Goldman Sachs director Tim Leissner has been banned from working in Singapore’s financial services industry for 10 years for his involvement with stricken Malaysian sovereign wealth fund 1MDB, with further prohibition orders expected.
1MDB scandal: Coutts fined $6.55m for `serious breach’
Coutts must pay out $6.55m (CHF 6.5m) for serious breaches of anti-money laundering rules in connection with the scandal-torn Malaysian 1MDB sovereign wealth fund.
Jailed 1MDB scandal banker ‘spent $8.2m’ on Australia property
The former BSI banker Yeo Jaiwei, ‘sentenced beyond the norm’ for witness tampering by a Singapore court, used a Seychelles-based company to spend $8.2m on Australian Gold Coast property, the Guardian has reported.
