
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 Adequacy
FSB Urges G20 Leaders to Fully Implement Agreed Reforms
20/11/2024
FSB Chair Klaas Knot emphasises the importance of addressing financial system vulnerabilities, including through the full and timely implementation of agreed reforms.

Supervision & Enforcement
Indonesia, S. Korea Enhance Financial Supervision Cooperation
17/11/2024
Indonesia and South Korea have strengthened their cooperation in financial service supervision through a recent bilateral meeting.

KYC & CDD
KoFIU Identifies Over 500,000 Potential KYC Violations at Upbit
15/11/2024
Upbit reportedly accepted identification from customers when the name or registration number on the ID was blurred and not properly identified.

AI Risk & Governance
EU Commission Seeks Input on AI Systems That Should be Banned
15/11/2024
The EU Commission’s AI Office is consulting on the AI system definition and the specific use cases that should be banned due to potential harm.

Sustainable Finance
COP29 Countries Approve Global Carbon Market Framework
15/11/2024
Countries at COP29 have endorsed a global carbon market framework which forms the basis for operationalising Article 6.4 of the Paris Agreement.

Custody & Infrastructure
Anchorage Digital Secures Crypto Licence in Singapore
11/11/2024
The licence enables Anchorage Digital to offer custody, staking, trading, and settlement services for crypto in Singapore, along with fiat on and off ramps.

Supervision & Enforcement
Australian Police Raid PwC Offices Amid Tax Leaks Scandal
07/11/2024
Australian federal police are examining whether former PwC Australia staff committed a crime by disclosing official secrets.

Climate Risk
IAIS Published Strategic Plan for 2025-2029
27/10/2024
The strategic plan focuses on climate change, digital innovation, cyber risks, and building societal resilience.

KYC & CDD
BNM Fines MSB Licensee for Circumventing CDD Process
27/10/2024
BSB Darussalam personnel deliberately split transactions into amounts below MYR 3,000 to avoid CDD requirements.

Market Abuse
US Court Fines Chinese Citizen for Fictitious Sales Scheme
27/10/2024
Yueyu Bao was fined and banned for orchestrating a series of non-competitive, fictitious trades with his cousin on the Chicago Board of Trade.
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