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
South Korea Enhances Measures Against Voice Phishing Frauds
20/08/2024
New measures effective from 28 August will require FIs and prepaid providers to share information and introduce more controls to guard against fraud.
Enforcement
FSA Japan Launches Probe into Cross-Shareholdings Disclosures
15/08/2024
The FSA will investigate whether 4,000 listed companies are transparently and accurately reporting their strategic shareholdings.
Enforcement
Korea: Woori Facing Disciplinary Action Over Improper Loans
13/08/2024
The FSS said Woori improperly disbursed 28 loans worth a combined KRW 35 billion to Chairman Sohn Tae-Seung’s relatives and their companies.
Capital / Liquidity
Korea Starts Supplying Liquidity to Firms Hit By E-Commerce Crisis
12/08/2024
A series of reforms are also planned to prevent a recurrence of the liquidity crisis at e-commerce platforms TMON and WeMakePrice.
ESG / Sustainability
SET, FTSE Russell Partner to Elevate Sustainability Assessments
01/08/2024
The collaboration will see the Stock Exchange of Thailand replace the current SET ESG Ratings with FTSE Russell’s ESG Data Model by 2026.
AML / KYC
Philippines Announces Total Ban on Offshore Gaming Operators
25/07/2024
The ban announced by the President will impact more than 400 POGOs, most of which are unlicensed and operate underground.
Market Infrastructure
China to Streamline Fund Management Rules for QFII Investors
26/06/2024
A top official said research is being conducted to facilitate QFII/RQFII investors’ participation in the domestic securities market.
Enforcement
China Targets Regulatory, Banking Officials in New Corruption Probes
26/06/2024
Among the new targets are former officials from the CSRC, NFRA, Agricultural Bank of China, ICBC and Citi Group.
Enforcement
Japan FSA Orders MUFG Units to Correct Control Deficiencies
26/06/2024
The MUFG units breached Japan’s “firewall” regulations by sharing non-public client information without authorisation, the FSA said.
ESG / Sustainability
Pacific Island Nations Commit to Inclusive Green Finance
25/06/2024
The central banks of seven Pacific island nations signed a roadmap committing them to working together to boost inclusive green finance as a priority.
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