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.
Fintech / Regtech
US DOJ Launches New Section to Focus on Cyber Threats
23/06/2023
The new section will focus national security cyber threats, such as state-sponsored hackers, cybercriminals, and money launderers.
Fintech / Regtech
FSC Korea Unveils New Support Programme for Fintech Firms
22/06/2023
The FSC said it will select 30 promising fintech companies and provide them opportunities to obtain funding, receive consulting, and expand overseas.
Enforcement
US DOJ Charges Russian Hacker for LockBit Ransomware Attacks
22/06/2023
Ruslan Astamirov is the third person to be charged over the LockBit ransomware variant. A global cybersecurity advisory has also been issued.
Enforcement
Terra Founder Jailed for Four Months in Montenegro
22/06/2023
Do Kwon and another former Terra executive were arrested in Montenegro in March for possessing fake passports.
Enforcement
US Jury Finds Ex-Goldman Sachs VP Guilty of Insider Trading
21/06/2023
Brijesh Goel tipped his friend about six potential mergers that Goldman Sachs was considering funding.
Securities / Derivatives
SEBI Mandates Simplified Stock Market Access for Clients
21/06/2023
Brokers are mandated to offer clients access to all active stock exchanges they are registered with by default.
AML / KYC
Japan Introduces New Tax Rules for Token Issuers
20/06/2023
The new tax rules exempt issuers from paying taxes on unrealised gains on tokens they issue and hold.
Enforcement
Canada Sanctions Iranian Judges Citing Human Rights Violations
19/06/2023
Canada says Iran’s Revolutionary Courts are “notorious for issuing death sentences and harsh prison terms following sham trials and based on evidence gathered under torture”.
Enforcement
UK FCA Imposes Restrictions on Odey Asset Management
19/06/2023
The restrictions are intended to facilitate an orderly breakup of Odey Asset Management, after its founder was accused of sexual misconduct.
Capital / Liquidity
BNM Seeks Feedback on Impaired Loans Disposal Rules
19/06/2023
The exposure draft sets out new requirements and guidance for sellers and buyers of impaired loans/financing.
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