Financial Crime Financial Crime

Hong Kong's Goldman 1MDB fine is separate from US-led settlement, says city's regulator

By Ben Lucas
  • 23 Oct 2020 04:30
  • 23 Oct 2020 05:05
Hong Kong’s securities regulator was keen to emphasize today that its $350 million fine against Goldman Sachs — the largest fine in the city’s history — was separate from another record-breaking US-led settlement against the bank that was announced hours later.

Goldman Sachs (Asia) L.L.C. was fined $350 million by the Hong

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