Goldman Sachs fined US$350m in Hong Kong over 1MDB bond compliance failures
Risk and compliance failures, including anti-moneylaundering, around three bond offerings for the 1Malaysia Development Berhad(1MDB)
sovereign fund, have cost Goldman Sachs (Asia) LLC a US$350 million(HK$2.71 billion) fine by the Hong Kong Securities and
Futures Commission (SFC).
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