
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.

Payments & Settlements
China, Cambodia Sign Yuan Clearing Agreement
23/11/2023
The PBOC and the NBC have signed a memorandum of cooperation to facilitate financial transactions in yuan and enhance economic ties.

Cryptocurrency
Canada Starts Consultations on Crypto Asset Disclosure by Banks
23/11/2023
Canada’s banking regulator is seeking feedback on proposals to align with the BCBS framework for crypto asset disclosures.

Climate Risk
BCBS Addresses Challenges of Managing Climate-related Financial Risk
23/11/2023
BCBS newsletter discusses challenges relating to data availability and quality, capabilities and expertise, and climate scenario analysis.

Capital Adequacy
Citi Completes Sale of Indonesia Consumer Business to UOB
22/11/2023
UOB acquired Citi’s consumer banking operations in Indonesia, Malaysia, Thailand, and Vietnam.

Anti-Bribery & Corruption
UK Reinsurance Brokers Settle FCPA Charges for Ecuador Bribes
21/11/2023
Tysers Insurance Brokers agreed to pay almost $47mn for bribing officials at Ecuadorian state-owned insurance companies.

Resolution & Recovery
ISDA, FIA, IIF Respond to FSB Consultation on CCP Resolution
21/11/2023
The industry groups welcomed the FSB’s focus on CCP resolution, but have raised some concerns and suggestions for improvement.

Cryptocurrency
MAS Grants In-Principle Approval to Crypto Firm XREX
21/11/2023
The in-principle approval encompasses six payment services. Last week, MAS also granted in-principle approvals to three stablecoin issuers.

Fraud, Scams & Cybercrime
Ransomware Group Files SEC Complaint Against its Own Victim
20/11/2023
ALPHV/BlackCat attacked software company MeridianLink, then filed a complaint with the US SEC saying the company failed to disclose the attack.

Conduct, Culture & Accountability
SGX RegCo Calls for “Real Change” on Board Diversity and Renewal
19/11/2023
SGX RegCo CEO Tan Boon Gin discussed the benefits and challenges of board diversity and renewal, and expectations for listed issuers.

Supervision & Enforcement
EU Reaches Provisional Agreement on Environmental Crime Directive
17/11/2023
The revised directive replaces the 2008 version, which was found to have a limited effect with sanction levels that were too low.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.