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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

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    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.

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    BT Correspondentsnoble groupJoseph SchoolingACRAMonetary Authority of Singapore

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