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Schooling, Noble and financial market regulation

Comparing the Joseph Schooling drug case with the recently concluded investigation into Noble Group holds lessons for market regulators

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Ben Paul

Ben Paul

Published Mon, Sep 5, 2022 · 05:50 AM
    • The responsibility Joseph Schooling has taken for his own actions is admirable, and holds lessons for market regulators about targeting the right parties with penalties and sanctions.
    • The responsibility Joseph Schooling has taken for his own actions is admirable, and holds lessons for market regulators about targeting the right parties with penalties and sanctions. BT FILE

    DURING my growing-up years, I was warned I might become a drug addict if I kept bad company, listened to the wrong kind of music, let my hair grow too long, or failed to do my homework.

    Singapore took a very hard line against narcotics in the 1970s and 1980s, and – for better or worse – it shaped the attitudes and mores of a generation.

    This past week, many people expressed support for Joseph Schooling after startling revelations that he had been investigated by the Central Narcotics Bureau and confessed to consuming cannabis while overseas.

    BT Correspondentsnoble groupJoseph SchoolingACRAMonetary Authority of Singapore

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