
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.

ESG / Sustainability
BSP Approves Adoption of Sustainable Finance Taxonomy for Banks
23/02/2024
The first version of the taxonomy focuses on climate change mitigation and climate change adaptation. Future iterations will cover biodiversity and circular economy.

AML / KYC
Frankfurt Selected to Host EU Anti-Money Laundering Authority
23/02/2024
Frankfurt was chosen following a competitive bidding process that involved eight other countries. The AMLA will start operations in mid-2025.

China: 214 Cities Now Participating in Real Estate Financing Mechanism
23/02/2024
Whitelists created by the 214 cities include more than 5,300 projects. Bank financing worth over $4bn has been disbursed.

Enforcement
FSC Korea Warns the Consumer Finance Association for Violations
23/02/2024
The FSC has issued a warning to the CFA and its chairman for violating the law and obstructing the FSS inspection.

Fintech / Regtech
FSC Korea Unveils Plans to Expand Open Banking Services
23/02/2024
Open banking services will be extended to business accounts and provided through offline channels.

Fintech / Regtech
EU Establishes New Office to Implement AI Act
23/02/2024
The AI Office will be responsible for implementing the AI Act and fostering a trustworthy AI ecosystem in the EU.

ESG / Sustainability
Indonesia Publishes Revised Sustainable Finance Taxonomy
23/02/2024
The revised taxonomy assigns an amber colour code to projects that help to facilitate low-carbon transition.

Crypto / Digital Assets
Fed Researchers Explore Governance of Permissionless Blockchains
23/02/2024
New paper explores the stakeholders, governance models, and hard fork patterns of the Bitcoin and Ethereum networks.

Bangladesh Bank Issues New Rules for Bank Boards
23/02/2024
No more than three members from a single family can be directors, who must all be aged 30 year old or above.

Fintech / Regtech
Chinese Stock Exchanges Ramp Up Scrutiny of Quant Funds
22/02/2024
A new monitoring scheme and reporting requirements have been introduced for computer-driven quant funds.
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