
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.

Cryptocurrency
US SEC Accepts Application from BlackRock to List Spot Bitcoin ETF
14/07/2023
The US SEC’s acceptance of BlackRock’s proposal marks the commencement of an official review of other Bitcoin ETF applications.

Operational Risk
BSP Issues Draft Guidelines on Operational Resilience
14/07/2023
Financial institutions should be able to demonstrate that they can continue to render critical operations through significant disruptions.

Market Abuse
UK FCA Fines Bastion Capital Over Cum-Ex Trades
13/07/2023
The UK FCA imposed a GBP 2.45 million fine on a former broker that executed over GBP 70 billion worth of fraudulent trades.

Anti-Money Laundering
UAE Becomes First Arab Country to Join APG as Observer
13/07/2023
A delegation from the UAE participated as an observer in the APG forum in Vancouver earlier this month. Other observers include the UK, France, and Germany.

Fraud, Scams & Cybercrime
China’s NFRA Warns Consumers of Fake Financial Regulator Scams
13/07/2023
NFRA has issued a risk alert to inform consumers of various fraudulent schemes involving impersonation of financial regulators and their staff.

Structural Regulation
BSP Issues New Rules on Bank Stockholders’ Fitness and Propriety
13/07/2023
The draft circular sets out the criteria and approval process for bank stockholders, aiming to ensure their fitness and propriety.

Stablecoins
Terra Co-Founder Daniel Shin Faces First Terra Hearing in Korea
13/07/2023
Daniel Shin and seven other Terra staff are accused of violating capital markets laws, making false representations, and causing the de-pegging of TerraUSD.

Fraud, Scams & Cybercrime
US Indicts Moroccan for Crypto and NFT Spoofing Scam
11/07/2023
A Moroccan man is accused of stealing cryptocurrency and NFTs by creating a fake OpenSea website.

Payments & Settlements
RBI Panel Proposes Measures to Boost Rupee Internationalisation
10/07/2023
The panel proposes short, medium and long term measures to increase the use of the rupee in cross-border transactions.

Anti-Money Laundering
India Allows GST Network to Share Data for AML
08/07/2023
The GST Network has been added as the 26th entity that must share information with the ED and FIU under the PMLA.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.