Compliance - The Reglex Perspective

Reglex.io

In today's ever-evolving financial markets, it is important to consider the compliance regulations and policies that are in place to protect investors. So what sets Asian markets apart when it comes to their approach towards financial regulation? In this podcast series, we speak compliance experts across Asia to take a deep dive into the various components of Asia's regulatory landscape such as structure, products, features and current trends. In doing so we can gain an informed insight on how these limitations have been used both positively and negatively by governments across the region throughout recent years. read less
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Episodes

Should crypto be regulated or banned?
28-12-2022
Should crypto be regulated or banned?
Join us for the inaugural episode of The Reglex Perspective. Post FTX, we'll be discussing to what degree cryptocurrencies and digital assets should be regulated and how investors - be they institutions or individuals - can perform operational due diligence to protect themselves in an age of virtual property. Our guests are prominent local lawyers Joshua Chu and Jonathan Crompton.To join the Reglex compliance community please visit www.reglex.ioJonathan CromptonJonathan Crompton is a Partner at RPC in Hong Kong who specialises in disputes and investigations, particularly those involving the finance and tech industries. He is a founding committee member of the crypto-fraud focused CFAAR Hong Kong Chapter, a Board member of Justice Without Borders, and a judicial officer for Hong Kong Rugby and Asia Rugby.Jonathan represents companies and individuals in claims before national courts and arbitration tribunals, including against large financial institutions. He also helps victims of cyber and crypto frauds, telephone scams and other frauds to recover their assets using the civil and criminal tools available to them. As the Asia lead for RPC's Cyber Incident Response team Jonathan helps victims of ransom attacks, data breaches and other cyber incidents to respond to and investigate the attack and to minimise the risks to their business and affected data subjects. He also advises clients on issues relating to data governance impacting their Asia operations.Jonathan has been named one of Asia Legal Business' 2022 Super 50 TMT Lawyers, is ranked in Chambers & Partners' Global guide for Dispute Resolution (International Firms) – China, and is recognised in Legal 500's Hong Kong guides for Dispute Resolution: Litigation and Dispute Resolution: Arbitration. He is also the co-author of the Hong Kong chapters of Legal 500's comparative country guide for Data Protection and Cyber Security, and Lexology GTDT's guide to Financial Services Litigationhttps://www.rpc.co.uk/people/jonathan-crompton/Joshua ChuJoshua Chu is the Group Chief Risk Officer at Coinllectibles™ and Marvion™, the first publicly traded blockchain Fusion DOTs™ technology company on the US OTC Markets.Aside from his role as Group CRO, Joshua is also a Litigation Solicitor qualified to practice in Hong Kong. Before becoming a lawyer, Joshua worked in the healthcare industry serving as the IT department head at a private hospital as well as overseeing their procurement operations.Since embarking upon his legal career, Joshua has conducted a number of novel cases which includes:(a) Acting for one of the world’s largest & longest running crypto-exchanges in Hong Kong’s first crypto-litigation Bitmain Technologies Limited v. iFinix Inc. & Anor (HCA 1980 of 2015);(b) Obtaining Hong Kong’s first order for alternative service by data rooms Hwang Joon Sang & Anor v. Golden Electronics Inc. & Ors [2020] HKCFI 1084;(c) Obtaining Hong Kong’s first order for digital disclosure orders Hwang Joon Sang & Anor v. Golden Electronics Inc. & Ors [2020] HKCFI 1233; and(d) Appearing before the Review Body on Bid Challenges under WTO Government Procurement Agreement.A firm Judicial Activists at his core, Joshua and his team of counsel has worked tirelessly to device a number of novel applications which is aimed at pushing for the digital transformation of Hong Kong’s judicial system. Today, Joshua’s legal practice is mainly focused in the field of dispute resolution and technology law.Aside from his roles as a Chief Risk Officer and Lawyer, Joshua is currently also a Senior Consultant with Prosynergy, a regulatory consulting firm which had been founded by ex-SFC Regulators as well as being a management consultant for the Korean Blockchain Centre. Joshua is also a sub-committee for the NFT Association of Hong Kong.