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
Taiwan to Tighten Rules on ETF Dividend Payouts – Report
13/09/2023
The FSC has received complaints from investors in high-dividend ETFs about the so-called ‘earnings equalisation mechanism’.
Crypto / Digital Assets
Turkish Court Sentences Crypto Founder to 11,000 Year Jail Term
08/09/2023
The founder of Thodex and his two siblings were sentenced for fraud, money laundering and leading a criminal organisation.
SEBI Asks AIF Industry to Develop Governance Code
07/09/2023
The code would aim to address issues such as conflicted transactions, disclosure standards, valuation practices, and interpretation of regulations.
Securities / Derivatives
Indian REITs Form Industry Body to Promote Industry Growth
05/09/2023
Four listed REITs have established a new association to advance the growth and development of the REITs sector.
Enforcement
OCCRP Report Deals Fresh Blow to India’s Adani Group
03/09/2023
The OCCRP says Adani Group breached India’s minimum public shareholding rules. SEBI is waiting for information from five foreign jurisdictions to confirm.
Market Infrastructure
SEBI Enhances Market Infrastructure Requirements on Cyber Security
30/08/2023
The requirements cover data backups, the ability to rebuild critical systems, ransomware attack drills, and cyber audits.
Crypto / Digital Assets
Hackers Access FTX, BlockFi, Genesis Customer Data
30/08/2023
Kroll said the cyber actor targeted a T-Mobile account belonging to a Kroll employee in a “highly sophisticated SIM swapping attack”.
Fintech / Regtech
Korea Passes Bill to Regulate Prepaid Business Operators
29/08/2023
The bill was prompted by a scandal at Mergepoint, which sold discount coupons but whose founders were later charged with fraud.
Enforcement
Wells Fargo Fined $35m for Overcharging Advisory Clients
28/08/2023
Wells Fargo and its predecessor firms overcharged clients because the agreed fees were not entered into billing systems.
SEBI Proposes New Fee Collection Mechanism for IAs, RAs
28/08/2023
The new mechanism aims to ensure that investors can only pay fees to investment advisors and research analysts that are registered.
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