News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
The Monetary Authority of Singapore (MAS) today banned former Goldman Sachs banker Tim Leissner for life after his plea deal with the U.S. Justice Department admitting his role in the 1MBD scandal. … Continue Reading
Switzerland’s financial regulator said Thursday that JPMorgan Chase & Co. seriously breached anti-money laundering regulations in its dealings with Malaysian sovereign wealth fund 1MDB.
The Swiss Financial Market Supervisory Authority or FINMA said JPMorgan also failed to manage PEP risks related 1MDB.… Continue Reading
Singapore authorities are banning the former director of Goldman Sachs in Singapore for ten years for his role in the 1MDB scandal.
The Monetary Authority of Singapore said Friday it served notice of its intention to issue “a Prohibition Order” against Tim Leissner.… Continue Reading
Authorities in Singapore Monday charged two ex-BSI SA bankers for their role in helping divert money from a Malaysia sovereign wealth fund.
Private banker Yak Yew Chee, 57, was charged with seven criminal counts, including forgery and failing to report suspicious transactions.… Continue Reading
Singapore shut down the local operations of Swiss-based BSI Bank Tuesday and named six bankers suspected of possible criminal conduct in connection with the handling of a Malaysian government fund.
The Monetary Authority of Singapore (MAS) said it withdrew BSI Bank’s status as a merchant bank in Singapore.… Continue Reading
The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force announced last month that it will jointly investigate market misconduct offenses such as insider trading and market manipulation.… Continue Reading