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
SFC Issues Guidance on Offering Hong Kong Funds in UAE
11/04/2024
The SFC published an information sheet providing guidance on how Hong Kong funds can be offered to investors in the DIFC and the UAE more broadly.
Enforcement
Mossack Fonseca Trial Commences in Panama Over 2016 Document Leak
10/04/2024
The founders and other former representatives, lawyers and ex-employees of Mossack Fonseca face money laundering charges for a corruption scheme in Brazil.
Fintech / Regtech
FSS Korea Launches New Registration System for Investment Firms
02/04/2024
The new system will streamline the registration process for prospective financial investment businesses and eliminate the need for physical documents.
Fintech / Regtech
Korea Launches “Financial Sector AI Council” to Drive GenAI Adoption
01/04/2024
The ‘Financial Sector AI Council’ will serve as a platform to promote the safe use of GenAI in the finance industry, while addressing regulatory challenges.
Korea Unveils Several New Initiatives to Finance Businesses
30/03/2024
The new financial support measures are aimed at supporting SMEs, vulnerable businesses, regional revitalisation projects, and technology firms.
Crypto / Digital Assets
Taiwan Approves Establishment of Local Crypto Industry Association
29/03/2024
The association will be responsible for formulating industry norms, advocating compliant operations, and improving industry self-discipline.
AML / KYC
FATF Re-rates Australia on Six Recommendations
29/03/2024
Australia was upgraded on five recommendations and downgraded on R.15 due to the limited scope of its regulatory regime for VASPs.
ESG / Sustainability
S. Korea: Banks, Insurers to Conduct Climate Stress Tests in H2
28/03/2024
The BOK and FSS will create climate scenarios in H1 which 15 financial firms will have to use in stress tests in H2.
Enforcement
PwC Faces Scrutiny Over Evergrande’s Fraudulent Accounting
26/03/2024
Insolvency practitioners say Evergrande liquidators in Hong Kong could pursue PwC for compensation as part of their efforts to recover assets for creditors.
Enforcement
ASIC Bans Director for Operating Unlicensed Crypto Fund Dishonestly
26/03/2024
ASIC found, among other things, that Brian Creigh used investor money to invest in an overseas investment scam. costing them A$7.7mn.
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