
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
Taiwan FSC Releases Stress Test Results for Banks, Insurers
16/09/2023
Five insurance companies and three banks failed to pass the most “severe” scenario and have proposed capital improvement plans.

Securities / Derivatives
ACGA Urges Korea to Review Corporate Governance Rules
15/09/2023
The ACGA sent a letter to the FSC outlining areas where Korea’s corporate governance rules can be improved to bolster the capital market and investor confidence.

Crypto / Digital Assets
Deutsche Bank Enters Crypto Custody Space with Taurus Partnership
15/09/2023
The bank will hold cryptocurrencies and tokenised assets for its institutional clients, but not offer crypto trading yet.

Securities / Derivatives
SEBI Overhauls Quarterly Reports for Alternative Investment Funds
15/09/2023
The revised format requires AIFs to provide information on their fund structure, investment strategy, portfolio composition, valuation methodology, and other areas.

Sanctions
US to Tighten Foreign Investment Scrutiny Amid China Concerns
15/09/2023
CFIUS will increase its compliance checks, questions, and site-visits, and hire more third-party auditors to identify deals that could impact national security.

Enforcement
Singapore: Former MOM Officer Jailed Over Unauthorised Access to DBS Data
15/09/2023
A former MOM employee has been sentenced to five weeks’ jail for asking former DBS employee to find out his ministry colleagues’ salaries.

SGX Revamps Organisational Structure to Boost Growth
15/09/2023
SGX has announced a new organisational structure and senior management appointments to enhance its multi-asset capabilities and growth prospects.

Capital / Liquidity
RBI Releases List of Upper Layer NBFCs for 2023-24
14/09/2023
Under the new regulatory framework, the 15 upper layer NBFCs will be subject to heightened regulatory requirements for a minimum of five years.

Crypto / Digital Assets
EU Parliament Approves Crypto Tax Reporting Rules
14/09/2023
The rule, known as DAC8, aligns with the OECD’s crypto-asset reporting framework and will take effect on 1 January 2026.

AFI Members Sign ‘Manila Manifesto’ to Boost Financial Inclusion
14/09/2023
Members of the Alliance for Financial Inclusion pledged to work with global standard setters to promote financial inclusion.
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