
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.

Enforcement
CSRC Conducts Surprise Inspections of Fund Companies – Reports
25/03/2024
State media says it is not uncommon for regulators to conduct irregular inspections of fund companies, especially to promote good governance.

Enforcement
US PCAOB Penalises Three Partners of KPMG’s Chinese Affiliate
25/03/2024
The three partners violated PCAOB standards in connection with their audit of the Chinese education company in 2017.

Enforcement
FSS Korea Cracks Down on Unfair Debt Collection Practices
23/03/2024
The FSS uncovered a series of abuses by loan companies and debt collectors through inspections conducted in the first quarter of this year.

Market Infrastructure
China Unveils 24-point Action Plan to Boost Foreign Investment
23/03/2024
Measures include expanded access to bank card clearing, commercial pension, health insurance, bond underwriting, treasury bond futures, and private equity business.

China Issues New Supervisory Ratings Framework for Insurers
23/03/2024
Insurers that offer green insurance or inclusive insurance will be awarded special bonus points to acknowledge ESG performance.

Market Infrastructure
EU, China Hold Inaugural Meeting of New Working Group
22/03/2024
Regulators from both sides discussed AML, supervisory cooperation, sustainable finance, capital markets, cross-border data transfers, payments, and CCP equivalence.

Enforcement
London Court Convicts Chinese Woman in Bitcoin Laundering Case
22/03/2024
A London court has found a 42-year-old woman guilty of laundering bitcoin linked to an alleged $6.3bn investment fraud.

ESG / Sustainability
FSC Korea Unveils New Set of Measures to Boost Climate Finance
21/03/2024
FIs will channel KRW 452 trillion into climate initiatives and the Ministry of Environment will take additional steps to promote green investment.

Crypto / Digital Assets
Korea’s Cabinet Passes Amendment to Enhance VASP Oversight
20/03/2024
Banks that can open real-name accounts for VASPs will also have new obligations on governance, personnel and physical facilities.

Big Picture
US Move to T+1 Settlement Poses Systemic Risk to Europe
20/03/2024
EFAMA says in a policy paper that the US move to a T+1 settlement cycle could dmea European fund managers would be unable to meet CLS cut-off times.
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