HK Securities and Futures Commission Levies $350 Million Fine on Goldman Sachs over 1MDB Scandal
Posted on 10/22/2020
Hong Kong’s Securities and Futures Commission (SFC) slapped the Asian business of Goldman Sachs with a fine of US$ 350 million over its key role in the 1MDB scandal. This is the biggest fine ever levied by the SFC. The SFC stated that serious lapses and deficiencies in management controls at Goldman Sachs (Asia) L.L.C. […]
