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
SEBI to Enhance Listed Company Disclosure Requirements
23/11/2022
SEBI proposes new thresholds to quantify what constitutes a material event requiring disclosure, among other enhancements.
Securities / Derivatives
PNGX Proposes New Listing Rules for Consultation
28/10/2022
ASX, NZX, SGX, and SPX issuers would have to comply with only a minimal number of PNGX rules for a dual listing. The proposals also provide a framework for SPAC listings.
Market Infrastructure
ASIC Offers Conduct Guidance to Wholesale Market Participants
26/10/2022
Fixed income dealers should establish clear prohibitions on the use of unapproved communication channels, ASIC says.
AML / KYC
UK: Industry Calls for Clear Rules on Data Sharing to Combat Scams
26/10/2022
RUSI and Stop Scams UK say policy changes are needed to allow data sharing for the purpose of combatting scams.
Enforcement
Philippine SEC Sets Out Penalties for Disclosure Violations
24/10/2022
Directors, trustees, and officers can be fined personally and barred for five years for failure to ensure compliance with beneficial ownership disclosure requirements.
Crypto / Digital Assets
Bangladesh Banks Ordered to Stamp Out Crypto Activity
21/10/2022
Bangladesh Bank has ordered FIs to enhance their monitoring and report transactions suspected to be linked to crypto assets.
Capital / Liquidity
Vietnam’s Largest Private Bank Placed Under External Management
20/10/2022
Four state-owned banks have been asked to help manage Saigon Commercial Bank after it experienced a bank run.
Crypto / Digital Assets
Energy Crisis May Force EU Crypto Mining Suspension
19/10/2022
The European Commission said EU member states must be ready to stop crypto-asset mining activities if there is a need for load shedding in electricity systems.
Enforcement
Interpol Issues Red Notice for Terraform Labs Founder
26/09/2022
The red notice for Do Kwon was issued at the request of Korean prosecutors, who say he is wanted for alleged capital market violations.
Crypto / Digital Assets
US SEC Accounting Guidance Disrupts Banks Crypto Projects
24/09/2022
Accounting guidance issued in March has reportedly forced US listed banks that were building out crypto offerings to suspend their plans.
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