HALISTER1: Singapore Plans Prohibition Order on Ex-Goldman Banker Leissner

Singapore Plans Prohibition Order on Ex-Goldman Banker Leissner

(Bloomberg) -- Monetary Authority of Singapore is planning the order against Tim Leissner, a former director of Goldman Sachs.
  • The proposed order will prohibit Leissner from any regulated activity under Securities Future Act and manage any capital market services company in Singapore for 10 years
  • Leissner found to have issued unauthorised reference letter to a financial institution based in Luxembourg in June 2015: MAS
  • MAS will continue to work with foreign regulatory authorities on examining Goldman Sachs’ role in the 1MDB bond transactions
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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MASP SP (Monetary Authority of Singapore)
STAN LN (Standard Chartered PLC)

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Tim Leissner (Goldman Sachs Group Inc/The)

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