Mark Johnston

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    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.

    Articles by Mark Johnston

    Enforcement

    Philippine SEC Sets Out Penalties for Disclosure Violations

    24/10/2022

    Directors, trustees, and officers can be fined personally and barred for five years for failure to ensure compliance with beneficial ownership disclosure requirements.

    Crypto / Digital Assets

    Bangladesh Banks Ordered to Stamp Out Crypto Activity

    21/10/2022

    Bangladesh Bank has ordered FIs to enhance their monitoring and report transactions suspected to be linked to crypto assets.

    Capital / Liquidity

    Vietnam’s Largest Private Bank Placed Under External Management

    20/10/2022

    Four state-owned banks have been asked to help manage Saigon Commercial Bank after it experienced a bank run.

    Crypto / Digital Assets

    Energy Crisis May Force EU Crypto Mining Suspension

    19/10/2022

    The European Commission said EU member states must be ready to stop crypto-asset mining activities if there is a need for load shedding in electricity systems.

    Enforcement

    Interpol Issues Red Notice for Terraform Labs Founder

    26/09/2022

    The red notice for Do Kwon was issued at the request of Korean prosecutors, who say he is wanted for alleged capital market violations.

    Crypto / Digital Assets

    US SEC Accounting Guidance Disrupts Banks Crypto Projects

    24/09/2022

    Accounting guidance issued in March has reportedly forced US listed banks that were building out crypto offerings to suspend their plans.

    ESG / Sustainability

    Bangladesh Issues Green Bond Financing Policy for Banks, NBFIs

    24/09/2022

    Banks and NBFIs can issue and invest in green bonds subject to meeting prudential, reporting and disclosure requirements.

    Enforcement

    Myanmar Warns Against Illegal Foreign Exchange Trading

    29/08/2022

    The central bank warned that serious action will be taken against online businesses that are found to be illegally buying and selling foreign currencies.

    Enforcement

    Bangladesh Bank Intensifies Crackdown on Illegal FX Transactions

    29/08/2022

    Dozens of money changers are being investigated for money laundering. Several banks are accused of making “excessive” profits from dollar sales.

    Capital / Liquidity

    Canada OFSI Issues Guidance on Bank Treatment of Crypto

    28/08/2022

    OFSI provides no recognition (i.e., a 100% haircut) for Group 2 cryptoassets held as collateral, but is seeking views on hedging practices that could warrant a lower haircut.

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