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.
Securities / Derivatives
Korea to Tighten Rules on Selling High-Risk Financial Products
31/01/2025
Banks will only be allowed to sell products like equity-linked securities from special counters at certain designated branches.
ESG / Sustainability
Thailand SEC Adds SRI Funds to ESG Product Platform
28/01/2025
The Platform, initially launched in January 2023, now include detailed information on sustainable and responsible investing (SRI) funds.
AML / KYC
UK FCA Calls on Brokers to Enhance AML Systems and Controls
27/01/2025
The FCA offers recommendations to improve risk assessments, KYC/CDD, governance, and transaction monitoring, among other areas.
Market Infrastructure
Switzerland to Transition to T+1 Settlement Cycle in October 2027
26/01/2025
Switzerland has confirmed plans to transition to a shorter settlement cycle in October 2027, aligning with the EU and UK’s ambitions.
AML / KYC
Bangladesh Enlists Big Four Auditors to Trace $17b Missing from Banks
26/01/2025
Bangladesh has enlisted the services of three major audit firms to conduct an asset quality review at six banks to determine where missing assets went.
AML / KYC
UK FCA Calls on Firms to Improve Use of National Fraud Database
25/01/2025
FCA review found that some firms underutilise the NFD and don’t always report cases that meet the standard of proof required.
Crypto / Digital Assets
Taiwan to Consult on New Crypto Law in February
24/01/2025
The FSC will hold an industry public hearing in February and the draft legislation will be presented to the government’s executive branch by June.
Securities / Derivatives
Morgan Stanley Futures Unit Commences Operations in China
24/01/2025
Morgan Stanley is the 2nd major US firm after JPMorgan to have a derivatives unit in China, which scrapped foreign ownership caps for futures companies in 2020.
Securities / Derivatives
FSS Korea Designates LuxSE as ‘Major Overseas Market’
24/01/2025
Korean companies meeting certain conditions don’t have to submit a domestic securities registration statement to issue foreign currency bonds on LuxSE
Capital / Liquidity
EU Launches Stress Test Exercise to Assess Bank Resilience
24/01/2025
Banks submitting “overly optimistic” projections will face “additional scrutiny throughout the quality assurance phase, potentially including on-site visits”.
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