Observations
Sep 18, 2023Earlier this month, the Monetary Authority of Singapore (MAS) issued a lifetime prohibition order against Ng Chong Hwa, also known as Roger Ng, a former Managing Director for Goldman Sachs in Singapore. The action, which prevents Ng from ever working in the financial industry again, follows his conviction in the United States for conspiring to launder embezzled funds from 1Malaysia Development Bhd (1MDB) and violating the Foreign Corrupt Practices Act.
Compendium
May 15, 2022The Hong Kong Monetary Authority (HKMA) launched a ‘RegTech Adoption Index,” finding that more than half of the financial institutions surveyed had begun to make use of regtech tools. ...cont
