The Malaysian Ministry of Finance announced that the U.S. Department of Justice had remitted funds linked to the 1Malaysia Development Berhad corruption scandal.
The Malaysian Ministry of Finance announced that the defunct state investment fund, 1MDB, had sued a number of financial institutions and other individuals in an effort to recover losses tied to its corruption scandal.
U.S. State Department slaps travel ban on alleged Ukrainian bank embezzler, U.S. and overseas lenders flagged suspected child-pornography payments, and more, in the weekly roundup.
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The Malaysia Ministry of Finance announced an agreement with a subsidiary of the London, U.K.-based firm to resolve claims related to the auditing of accounts for 1Malaysia Development Berhad and SRC International Sdn Bhd between 2011 and 2014.
The Ministry of Finance Malaysia entered into a settlement with Goldman Sachs requiring the investment banking company to pay $3.9 billion to resolve outstanding charges and claims related to three bond transactions it structured and arranged with 1Malaysia Development Berhad.
|Compliant : 20||High : 0|
|Largely Compliant : 18||Substantial : 4|
|Partially Compliant : 2||Moderate : 7|
|Non-Compliant : 0||Low : 0|
Malaysia's technical compliance was re-rated in a Oct. 31, 2018 follow-up report
|Rank : 65/141|
|Score : 5.25/10|
|Rank : 51/1780|
|Score : 53/100|
|Rank : 32/133|
|Score : 70/100|