Noble Group

2022 - 8 - 24

Post cover
Image courtesy of "Bloomberg"

Singapore Concludes Noble Group Saga With Record Fine, Warnings (Bloomberg)

Noble Group Ltd., the commodity trader whose losses, spectacular collapse, court dramas and multibillion dollar restructuring dominated headlines in ...

Post cover
Image courtesy of "Global Trade Review (GTR)"

Singapore authorities issue record fine to scandal-hit Noble Group (Global Trade Review (GTR))

Authorities in Singapore have issued a S$12.6mn (US$9mn) fine to disgraced commodity trader Noble Group, bringing an end to a near-four-year investigation ...

In certain circumstances, the Data Protection Act allows personal data to be disclosed to law enforcement agencies without the consent of the data subject. Exporta Publishing & Events Ltd may transfer your personal data, for the above-listed purposes to other third parties, which may be located outside the European Economic Area and/or with a different level of personal data protection. This information is only collected by reference to the IP address that you are using, but does include information about the county and city you are in, together with the name of your internet service provider. Upon request, we will provide you with a readable copy of the personal data which we keep about you. By using the Sites and submitting personal information through the registration process you are agreeing that we may collect, hold, process and use your information (including personal information) for the purpose of providing you with the Site services and developing our business, which shall include (without limitation) the purposes described in the below paragraphs. - remember that you have used the Site before; this means we can identify the number of unique visitors we receive to different parts of the Site. You can also learn more about cookies in general by visiting www.allaboutcookies.org which includes additional useful information on cookies and how to block cookies using different types of browser. Where, as part of our Site services, we enable you to post information or materials on our Site, we may access and monitor any information which you upload or input, including in any password-protected sections. This Privacy Policy also tells you how you can verify the accuracy of your personal data and how you can request that we delete or update it. We also collect certain personal data from other group companies to whom you have given information through their websites (including, by way of example, Exporta Publishing & Events Ltd and subsidiaries, in accordance with the purposes listed below). On some Sites, Exporta Publishing & Events Ltd collects personal data such as your name, job title, department, company, e-mail, phone, work and/or home address, in order to register you for access to certain content, subscriptions and events. However, we also give you the option to access our Sites’ home pages without subscribing or registering or disclosing your personal data.

Post cover
Image courtesy of "TradeWinds"

Singapore concludes Noble Group investigation with record fine ... (TradeWinds)

Company said to have applied incorrect accounting treatment to several long-term coal deals which inflated its profits.

Post cover
Image courtesy of "Regulation Asia"

MAS Fines Noble Group Over Misleading Financial Statements (Regulation Asia)

The S$12.6mn fine is understood to be the largest fine for the publication of misleading financial statements in Singapore's history.

April 29, 2022 NICE Actimize July 29, 2022 Droit July 21, 2022 LexisNexis Risk Solutions

Post cover
Image courtesy of "Financial Times"

Singapore fines Noble for 'misleading' financial statements (Financial Times)

Singapore has fined commodities business Noble Group S$12.6mn (US$9.1mn) for publishing “misleading information” in its financial statements, following an ...

[Purchase a Print subscription for 11,12 € per week You will be billed 107,91 € per month after the trial ends](https://subs.ft.com/spa3_uk3m?segmentId=461cfe95-f454-6e0b-9f7b-0800950bef25&utm_us=JJIBAX&utm_eu=WWIBEAX&utm_ca=JJIBAZ&utm_as=FIBAZ&ft-content-uuid=edf9a29f-8930-4312-b07f-37784957ab7d) [Purchase a Digital subscription for 6,64 € per week You will be billed 39 € per month after the trial ends](https://subs.ft.com/spa3_digital?ft-content-uuid=edf9a29f-8930-4312-b07f-37784957ab7d) [Purchase a Trial subscription for 1 € for 4 weeks You will be billed 65 € per month after the trial ends](/signup?offerId=41218b9e-c8ae-c934-43ad-71b13fcb4465&ft-content-uuid=edf9a29f-8930-4312-b07f-37784957ab7d)

Post cover
Image courtesy of "International Investment"

Singapore knobbles Noble with SGD12.6m fine, warnings to former ... (International Investment)

Regulatory authorities in Singapore have hit commodities trader Noble with a fine, issued "stern warnings" to two former directors in the business, ...

The action follows a multi-year, multi-agency investigation into failures linked to financial statements involving Noble Group Limited (NGL) and its Singapore subsidy Noble Resources International Pte Ltd (NRI). Regulatory authorities in Singapore have hit commodities trader Noble with a fine, issued "stern warnings" to two former directors in the business, and flagged up orders against auditors from Ernst and Young in regards to audited statements between 2012-16. - Members-only access to the Editor’s weekly news roundup newsletter

Post cover
Image courtesy of "Manifold Times"

Singapore: MAS slaps Noble Group with USD 9 mil fine (Manifold Times)

MAS has imposed a civil penalty of $12.6 million on NGL for publishing misleading information in its financial statements, in breach of section 199(b)(ii) of ...

Connection is secure Checking if the site connection is secure Occasionally, you may see this page while the site ensures that the connection is secure.

Explore the last week