The Goldman Sachs Group on Friday reached a nearly $4 billion agreement in principle with the government of Malaysia to resolve all criminal and regulatory proceedings in the country related to three bond transactions the firm had structured and arranged for the state development fund 1MDB.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...