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.
Enforcement
S. Korea Introduces Cap on Penalty for Accounting Fraud
18/03/2025
Penalties for fraudulent accounting will be capped at KRW 1 billion under the Act on External Audit of Stock Companies.
Fintech / Regtech
Cambodia, Thailand Partner With UnionPay on Cross-Border Payments
18/03/2025
Users of Cambodia’s Bakong app can make cross-border payments by scanning UnionPay and WeChat Pay QR codes.
Market Infrastructure
Vietnam Set to Launch New Trading System After 10yr Delay
18/03/2025
The project to develop the new system was approved in 2012 for deployment in 2015. It is now expected to launch in May this year.
Enforcement
FSC Korea Announces Conclusion of Short-Selling Investigations
18/03/2025
A total 13 international investment banks were fined a combined USD 60 million for naked short-selling in Korea.
AML / KYC
Taiwan Unveils Prototype of New Digital Identity Wallet
18/03/2025
The digital identity wallet will enable banks and insurance firms to save time and resources verifying the identities of customers.
Crypto / Digital Assets
S. Korea to Introduce Guidelines for Institutional Crypto Investors
18/03/2025
The FSC will introduce guidelines for institutional investors in cryptocurrency in the third quarter of this year.
Securities / Derivatives
UBS Gains Approval for China Strategic Restructuring
17/03/2025
UBS has received regulatory approval to sell a significant stake in its Chinese securities joint venture, Credit Suisse Securities.
Securities / Derivatives
Thai SEC Updates Rules to Allow Leveraged & Inverse ETFs
17/03/2025
Thailand’s securities watchdog greenlights new regulations on leveraged and inverse ETFs, opening up new investment products to the market.
Capital / Liquidity
China Further Expands Cross-border FX Pilot for Multinational Firms
17/03/2025
The programme, which started in 2021 and it currently being piloted in 10 localities, will be expanded to include 16 additional localities.
Capital / Liquidity
PBOC to Expand Toolbox to Boost Growth Amid Challenges
17/03/2025
PBOC Governor Pan Gongsheng said more structural tools would be introduced to stimulate innovation, consumption, and exports.
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