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.
Market Infrastructure
EU Commission Adopts MoU on UK Regulatory Cooperation
21/05/2023
The MoU is seen as a positive step, but it does not deal with access of UK and EU firms to each other’s markets or equivalence decisions.
Securities / Derivatives
SEBI Consults on Corporate Governance Enhancements for AIFs
20/05/2023
SEBI proposes amendments to borrowing, leverage, custody and tenure rules for AIFs.
Securities / Derivatives
SEBI to Allow Direct Client Participation in Tri-party Repo Segment
20/05/2023
SEBI proposes to allow NBFCs, insurance companies, and mutual funds to directly participate in the tri-party repo segment of the corporate bond market.
Crypto / Digital Assets
US DOJ Charges Another for Role in ‘CoinDeal’ Fraud
20/05/2023
Bryan Lee allegedly conspired with others to defraud investors in companies that claimed to be developing metaverse-related technologies.
Crypto / Digital Assets
UK Lawmakers Propose to Regulate Crypto as Gambling Products
19/05/2023
Report says unbacked crypto assets such as Bitcoin and Ether do not have intrinsic value and pose significant risks to consumers.
Enforcement
UK Lawmaker Alleges State Cover-up in LIBOR Rigging Scandal
19/05/2023
Member of Parliament David Davis calls for investigation into perjury and false convictions in LIBOR rigging case.
Securities / Derivatives
SEBI Proposes New Rules to Tackle Suspicious Trading Activities
18/05/2023
The new framework would address the challenges posed by new-age technologies such as encrypted or vanishing messages.
Capital / Liquidity
US Banks Rethink Social Media Strategy Following Recent Collapses
18/05/2023
US banks are working on updating their emergency response and risk capabilities, along with business continuity plans, to tackle the social media threat.
Capital / Liquidity
US SEC Proposes Measures to Enhance Clearing House Resilience
18/05/2023
The proposal would require clearinghouses to monitor margin exposures more closely and make intraday margin calls as frequently as needed.
Enforcement
US DOJ to Ramp Up Scrutiny of Crypto Platforms – Report
18/05/2023
The DOJ will pursue target crypto exchanges, mixers and tumblers that are enabling criminal actors to profit from their crimes.
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