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.
Securities / Derivatives
Abaxx Seeks to Launch World’s First Nickel Sulphate Futures in Singapore
21/08/2023
Nickel sulphate is a key ingredient of EV batteries. The launch of the new futures contract is subject to review by MAS.
Korea Announces New Export Finance Support Measures
17/08/2023
The measures will support export businesses entering new markets, bidding for overseas projects, and making investments in strategic industries.
Market Infrastructure
Bangladesh Defends Against Nationwide Cyber Attacks
17/08/2023
Several warnings were issued in the lead-up to Tuesday’s attacks. 25 public and private institutions are reported to have been breached.
Capital / Liquidity
Macau Amends Financial System Act to Boost Competitiveness
16/08/2023
The Act introduces a new type of licence for banks focusing on specialty business, among other changes.
Securities / Derivatives
Cambodia, Laos to Collaborate on Securities Market Development
15/08/2023
Cambodia, Laos securities market regulators agree to collaborate to develop the securities markets in their respective countries.
Securities / Derivatives
SEBI Seeks Feedback on Revised Delisting Norms
15/08/2023
SEBI issued a consultation paper seeking public comments on reviewing the current delisting norms for listed companies.
Enforcement
FSS Korea Probes Daegu Bank for Unauthorised Account Opening
14/08/2023
South Korea’s FSS has launched an emergency inspection on Daegu Bank over suspected unauthorised securities account opening.
Sanctions
Russia Suspends Tax Agreements with 38 Countries
11/08/2023
The double-taxation treaties are suspended in view of “unfriendly actions” of certain countries.
AML / KYC
Korea to Reduce Document Burden of Account Opening
11/08/2023
Regulators will improve the ability of individuals and businesses to open bank accounts and ease the limits placed on transfers and withdrawals.
AML / KYC
UOB to Tighten Restrictions on Myanmar Business from 1 September
10/08/2023
UOB will restrict payments to and from Myanmar accounts, card transactions for Myanmar individuals and banks, and close Myanmar banks’ nostro accounts.
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