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.
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.
AML / KYC
EU Considers Lowering Wealth Threshold for Professional Investors
17/05/2023
A draft document reveals a European Commission plan to revise MiFID II rules to lower the criteria for being classified as a professional investor.
AML / KYC
EU Enters Trilogue Discussions on Proposed New AML Authority
17/05/2023
The new Anti-Money Laundering Authority would directly supervise high-risk financial entities and coordinate national authorities and FIUs.
Enforcement
Korea to Investigate CFD Trades for Links to Stock Manipulation
16/05/2023
The FSC said it has confirmed that a “significant number” of CFD accounts were involved in last month’s stock crash.
Crypto / Digital Assets
Creditors of Bankrupt Crypto Firm QuadrigaCX to Get Payout
15/05/2023
The payout amounts to about 13 percent of the value of creditor claims filed against QuadrigaCX, which was found to be a Ponzi scheme and a fraud.
Enforcement
Lawsuit Alleges Jump Trading Manipulated TerraUSD Stablecoin
15/05/2023
Illinois lawsuit accuses high-frequency crypto trading firm Jump Trading manipulated TerraUSD stablecoin.
Securities / Derivatives
SSE, SZSE Issue Updated Guidelines for Infrastructure REITs
13/05/2023
The revised guidelines aim to optimise the review process, enhance information disclosures, and promote the infrastructure REITs market.
Securities / Derivatives
FSS Governor Promotes Korea Finance in Southeast Asia Tour
13/05/2023
FSS chief Lee Bok-hyun met with central bank governors and global investors to showcase the potential of Korea’s financial market.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team