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

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    Fintech / Regtech

    Taiwan Reports Progress on Industry Use of Digital Identity Solutions

    07/01/2024

    The FSC said the financial industry is gradually introducing digital identity verification solutions following the issuance of new guidelines in October.

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    AML / KYC

    Korea to Diversify Funding Sources for Credit Finance Firms

    05/01/2024

    The legislative amendment applicable to credit finance firms will ban the use of credit cards to make payments on overseas crypto platforms.

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    Securities / Derivatives

    S. Korea to Scrap Plans to Impose Investment Income Tax

    04/01/2024

    President Yoon Suk Yeol announced plans to abolish a tax on capital gains from stock investments that has been due to take effect in 2025.

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    Crypto / Digital Assets

    Indonesia Requires Crypto Exchanges to Register with National Bourse

    02/01/2024

    Crypto exchanges operating in Indonesia will have to register with the country’s new national exchange for digital assets.

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    Fintech / Regtech

    Indonesia OJK Issues New Rules to Support Banking Digitalisation

    30/12/2023

    The new regulations aim to provide a level playing field and guidance for banks in developing digital services and assessing digital maturity.

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    Securities / Derivatives

    Korea Advances Work to Implement Revised Asset Securitisation Act

    29/12/2023

    Effective from 12 January 2024, the revised law will enable a wider range of companies to issue securitised assets.

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    AML / KYC

    UK Proposes Measures to Improve Transparency of Land Trusts

    28/12/2023

    The UK government seeks feedback on options for improving transparency of land ownership involving trusts.

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    Fintech / Regtech

    HKMA Issues Guidance on Managing Cyber Risk of Third-Parties

    27/12/2023

    Banks are asked to use scenario-based incident response strategies and regular drills to better prepare for supply chain attacks.

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    AML / KYC

    Singapore Authorities Warn of Scammers Posing as MAS Officers

    22/12/2023

    The scammers accuse victims of being involved in criminal activities before asking them to transfer money to designated “security accounts”.

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    Enforcement

    Malaysia Mulls Legal Action Against Foreign Banks Over 1MDB

    22/12/2023

    At least eight foreign banks neglected KYC verification procedures, resulting in misdirection of 1MDB funds into unintended accounts.

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