
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.

Reporting & Disclosures
US Senate Votes to Overturn ESG Investing Rule for Retirement Funds
02/03/2023
The US Senate voted to repeal a Labour Department rule that allowed managers of retirement funds to consider ESG factors in their investments.

Fraud, Scams & Cybercrime
Five Banks Settle Allegations They Aided Ponzi Scheme
28/02/2023
Toronto-Dominion Bank, HSBC Holdings, Independent Bank Group, Societe Generale and Trustmark Corp agreed to pay a combined USD 1.6 billion.

Data Privacy
UK, Australia Should Draw Open Banking Lessons from Each Other
26/02/2023
NatWest and National Australia Bank published a white paper drawing lessons from the UK and Australia’s open banking implementations.

CBDCs
BIS Head Outlines Vision for Future Monetary System
24/02/2023
Agustin Carstens said the disappearance of $2tr in value from the crypto market in 2022 proves that cryptocurrencies cannot be a viable alternative to fiat.

Liquidity Risk
UK FCA Seeks to Enhance Rules for Asset Management Sector
23/02/2023
The FCA wants to improve liquidity risk management and stress testing practices. It is also considering whether authorised funds should be able to hold crypto.

Clearing & Post-Trade
French, German Banks Get More Time to Solve India CCP Issue
21/02/2023
French and German regulators will give banks 18 extra months to find new ways to settle India trades, following ESMA decision to de-recognise Indian CCPs.

Payments & Settlements
BOE Sets Out Vision for UK Payments with RTGS Roadmap
21/02/2023
The BOE will improve its RTGS through a new core settlement engine, migration to ISO 20022 messaging, and build-in CBDC functionality.

Emerging Prudential Risks
FSB Warns of Excessive Concentration Risk in in Commodity Markets
20/02/2023
The concentration of market power among a few firms and their reliance on debt increases the potential for market disruptions in commodity markets.

Anti-Bribery & Corruption
China Renaissance’s Founder Reported to be Missing
20/02/2023
Bao Fan, the founder of boutique investment bank China Renaissance Holdings, is the latest high-profile Chinese executive to go missing without explanation.

Clearing & Post-Trade
UK CCPs Directed to Update Outsourcing Agreements by Feb 2024
19/02/2023
New supervisory statement requires UK CCPs to update legacy outsourcing agreements by by 9 February 2024.
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