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Federal Reserve Board fines the Goldman Sachs Group, Inc. $154 million for failure to maintain appropriate oversight, internal controls, and risk management with respect to 1Malaysia Development Berhad

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The Federal Reserve Board on Thursday announced it has fined the Goldman Sachs Group, Inc. $154 million for the firm’s failure to maintain appropriate oversight, internal controls, and risk management with respect to Goldman’s involvement in a far-reaching scheme to defraud a Malaysian state-owned investment and development company, 1Malaysia Development Berhad (1MDB). In 2012 and

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Kosovo: Show solidarity in face of COVID, UN Mission chief urges

“For places such as Kosovo, still suffering the consequences of past conflict, cooperation, unity of political voice and vision, dialogue and preventing extreme polarization should be the highest order priorities”, Zahir Tanin, head of the United Nations Interim Administration Mission in Kosovo (UNMIK), told the 15-member organ. Difficult balance Such solidarity, especially during the current

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