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.
Fintech / Regtech
China, UAE to Advance Cross-Border Payment Cooperation
10/06/2025
China’s CIPS and CBUAE to develop a cross-border payment connectivity programme that provides local currency clearing services for FIs in the MENA region.
Crypto / Digital Assets
SEC Philippines Finalises Regulatory Framework for Crypto Industry
09/06/2025
SEC mandates registration and licensing for crypto asset service providers (CASPs) to enhance consumer protection and combat fraud.
Enforcement
South Korean Court Rules in Novel Predatory Lending Case
05/06/2025
A South Korean court ruling mandates full repayment plus damages in a predatory lending case, setting a new precedent for consumer protection.
AML / KYC
Korea Enhances Fraud Compensation Scheme for Bank Customers
03/06/2025
New rules to be implemented by Q3 2025 will speed up and increase payouts to bank customers hit by scams.
Fintech / Regtech
RBI Establishes Six-Member Board to Regulate Payment Systems
29/05/2025
The new Payments Regulatory Board integrates government-nominated representatives while keeping the RBI at the helm.
Capital / Liquidity
RBI Proposes New Capital-Raising Pathways for UCBs
26/05/2025
RBI unveils new capital-raising avenues for urban co-operative banks, while also boosting transparency and market accessibility.
AML / KYC
SEBI Mandates Inclusive Digital KYC for Users With Disabilities
26/05/2025
SEBI has mandated that digital KYC processes be made accessible for persons with disabilities to ensure equal access to financial services.
Enforcement
Thai Police Arrest Three Bank Employees for Aiding Scammers
26/05/2025
The bank employees reportedly helped Chinese scammers open bank accounts which enabled them to withdraw scam proceeds.
Enforcement
Thai SEC Suspends KGI Securities and Execs Over IPO Due Diligence Lapses
25/05/2025
The SEC order suspends KGI’s approval to act as a financial advisor and suspends two individuals from acting as operations controllers for one year.
Vietnam Establishes Steering Committee to Develop IFCs
25/05/2025
Ho Chi Minh City would focus on traditional financial services while Danang would specialise in areas like green finance, trade facilitation, and fintech.
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