Based in Singapore, Mark is an experienced journalist and editor with over a decade of experience reporting on technology and business trends throughout Asia. Mark got his start as an engineer, graduating from the UK's Queen's University of Belfast with a Master's degree in Electrical and Electronic Engineering. As senior reporter for Regulation Asia, Mark focuses on regulatory changes impacting financial markets, with particular interest in fintech, cybersecurity and crypto markets.
Capital / Liquidity
Vietnam to Drive Bank Mergers to Enhance Competitiveness
21/06/2022
The government has approved a project that will require banks have a capital adequacy ratio of at least 10-11 percent by 2023 and 11-12 percent by 2025.
Crypto / Digital Assets
Korea: New FSC, FSS Chiefs to Prioritise Stability, Growth
20/06/2022
The FSS will be led by former prosecutor Lee Bok-hyun, while the FSC will be led by Kim Joo-hyun, who helped guide Korea through the 2008 crisis.
Enforcement
US SEC Penalises Online Broker Over Meme Stock Restrictions
01/06/2022
In January 2021, TradeZero America halted trading in three meme stocks for about 10 minutes, but later told investors it had resisted instructions from its clearing broker to do so.
Crypto / Digital Assets
Terra Collapse Sparks Regulatory Change, Lawsuits in Korea
26/05/2022
The FSC says thirteen relevant bills on digital asset investor protection are currently pending at the National Assembly.
AML / KYC
US Federal Court Declares Crypto Subject to Sanctions Laws
20/05/2022
A newly unsealed federal court opinion supports the DOJ’s first criminal prosecution involving the use of crypto for sanctions evasion.
Enforcement
ASIC Sets Out Expectations on Cyber Risk Management
19/05/2022
The guidance follows Australia’s first Federal Court judgment ruling that an AFS licensee breached its obligations on managing cyber risk.
AML / KYC
US Charges Crypto CEO for Fraudulent Investment Scheme
19/05/2022
Eddy Alexandre, the CEO of EminiFX, promised weekly returns would be generated through proprietary robo-advising technology.
Securities / Derivatives
US Investment Banks Pause Work on New SPAC Deals
17/05/2022
New rules from the SEC have reportedly prompted Goldman, Bank of America and Citigroup to scale back their involvement in SPAC deals.
AML / KYC
MONEYVAL Calls for Clampdown on Crypto-enabled Money Laundering
11/05/2022
Some smaller cryptocurrencies are being established specifically with the motive of laundering, while larger virtual assets are seeing “heavy” manipulation.
AML / KYC
US Considers Sanctions Against China’s Hikvision: Reports
10/05/2022
The possible inclusion of Hikvision on the SDN List would have far-reaching consequences because its equipment is used -in more than 180 countries.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team