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.
Market Infrastructure
RBI Expands Access to Electronic Trading Platform for G-Secs
24/10/2024
Access to NDS-OM will expand to regional rural banks, local area banks, NBFCs, provident funds, pension funds, and regulated MIIs.
Capital / Liquidity
PBOC Conducts First Operations Through New Lending Facilities
23/10/2024
The PBOC exchanged assets worth CNY 50 billion with 20 financial institutions, which will use the funding to buy up stocks.
Fintech / Regtech
Swift Cross-Border Payment Speeds Ahead of G20 Targets – Report
22/10/2024
A Swift report says 90 percent of cross-border payments made over its network now reach the destination bank within an hour.
Securities / Derivatives
SEBI Speeds Up Availability of Sale Proceeds for FPIs
18/10/2024
Tax certificates for FPI sale trades will be issued faster, enabling FPIs to access sale proceeds for repatriation or reinvestment on settlement day.
Fintech / Regtech
UnionPay to Enable Cross-Border QR Payments for Vietnam
18/10/2024
Users of Vietnamese banking apps and e-wallets will be able to scan UnionPay QR codes for payments in the mainland.
Enforcement
Japan FSA Issues Business Improvement Order on DMM Bitcoin
30/09/2024
DMM Bitcoin has until 28 October to submit plans to the FSA specifying measures to prevent a recurrence of the bitcoin theft it suffered in May.
Capital / Liquidity
Korea to Require Higher Microfinance Contributions from FIs
29/09/2024
South Korea’s cabinet approved a revision to bolster financial assistance for vulnerable groups experiencing challenging economic conditions.
AML / KYC
BSP Enters Arbitration Over Philsys Card Printing Delays
29/09/2024
The proceedings were initiated by AllCard Inc, which was contracted to supply cards and equipment for the production of PhilSys cards.
Philippine SEC Offers Amnesty for Non-Compliant Firms
27/09/2024
A similar amnesty programme offered last year saw more than 80,000 corporations come back into compliance with reporting requirements.
ESG / Sustainability
New Zealand Considers Ways to Ease Climate Reporting Burden
26/09/2024
The XRB is considering easing certain disclosure and assurance requirements to allow time for improvements in data availability and quality.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team