
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.

Sustainable Finance
BNM Earmarks MYR 600m for SMEs in Four Priority Segments
21/10/2023
BNM announces funding and grants for SMEs in four segments to help MSMEs participate in key national initiatives.

Reporting & Disclosures
Super Funds Urged to Ensure Accurate Sustainable Finance Disclosures
21/10/2023
At a roundtable, APRA and ASIC asked super fund trustees to prepare for mandatory climate-related financial disclosure requirements.

Credit Risk
ECB Publishes Guidance on Counterparty Credit Risk Management
21/10/2023
Banks dealing with hedge funds and family offices should set up daily monitoring and additional risk control processes to manage those CCR exposures.

Cryptocurrency
Eurex Set to Add Options to Crypto Derivatives Suite
21/10/2023
The new options contracts will allow investors to deploy new trading strategies with institutional grade trading and clearing safeguards, Eurex said.

Cloud & Infrastructure
Google to Set Up Global Fintech Headquarters in India’s GIFT City
20/10/2023
Google will set up its global fintech headquarters in GIFT City and invest $10bn in India’s digitisation fund.

Custody & Infrastructure
DTCC to Build Infrastructure to Support Adoption of Digital Assets
20/10/2023
DTCC is acquiring digital asset technology provider Securrency; will offer new blockchain-based products and “unlock the power of institutional DeFi”.

Conduct, Culture & Accountability
ASIC Tweaks Reportable Situations Regime to Reduce Industry Burden
20/10/2023
Certain breaches will no longer be automatically reportable if they meet certain criteria, like if they impact only one person or don’t cause any financial loss or damage.

Liquidity Risk
South Korea Postpones Plan to Increase LCR Requirement
20/10/2023
The FSC has decided to retain a 95 percent LCR requirement until June 2024. Earlier the LCR was expected to increase at year-end.

Clearing & Post-Trade
Canada to Allow T+1 Settlement Cycle for Mutual Funds
20/10/2023
CSA seeks feedback on amendments to allow mutual funds to voluntarily adopt T+1 settlement for subscription and redemption.

Cryptocurrency
Korea FSS Developing Rules to Implement Virtual Asset Law
20/10/2023
Regulations to implement the Virtual Asset Users Protection Act, which was passed in June, will be ready by January 2024.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.