
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.

Structural Regulation
BSP Issues New Rules on Bank Stockholders’ Fitness and Propriety
13/07/2023
The draft circular sets out the criteria and approval process for bank stockholders, aiming to ensure their fitness and propriety.

Stablecoins
Terra Co-Founder Daniel Shin Faces First Terra Hearing in Korea
13/07/2023
Daniel Shin and seven other Terra staff are accused of violating capital markets laws, making false representations, and causing the de-pegging of TerraUSD.

Fraud, Scams & Cybercrime
US Indicts Moroccan for Crypto and NFT Spoofing Scam
11/07/2023
A Moroccan man is accused of stealing cryptocurrency and NFTs by creating a fake OpenSea website.

Payments & Settlements
RBI Panel Proposes Measures to Boost Rupee Internationalisation
10/07/2023
The panel proposes short, medium and long term measures to increase the use of the rupee in cross-border transactions.

Anti-Money Laundering
India Allows GST Network to Share Data for AML
08/07/2023
The GST Network has been added as the 26th entity that must share information with the ED and FIU under the PMLA.

Data Privacy
FSA, BOJ Offer Update on Joint Data Collection Project
26/06/2023
In the second half of fiscal 2023, regulators will use the new platform to start collecting “highly granular data on corporate lending” in stages, the FSA said.

Cybersecurity
CalPERS, Genworth Hit by Data Breach in MOVEit Hack
26/06/2023
CalPERS, the largest US pension fund, and insurer Genworth Financial have disclosed that customer data was breached in the MOVEit hack.

Anti-Money Laundering
BSP Urged to Take Action Against Unregistered Crypto Exchanges
26/06/2023
Infrawatch PH says exhibiting leniency toward unregistered crypto exchanges risks the Philippines remaining on the FATF gray list.

Anti-Money Laundering
Canada Progresses Bill to Create Beneficial Ownership Registry
26/06/2023
The bill will require federally registered companies to disclose beneficial owners with at least 25 percent ownership or control.

Structural Regulation
SET to Revamp Listing Rules and Enhance Supervision of Issuers
25/06/2023
The SET and MAI requirements will be more closely aligned, and the rules on delistings and backdoor listings will be tightened.
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