Mark Johnston
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
AI Risk & Governance
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.
Emerging Prudential Risks
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.
Cryptocurrency
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.
Anti-Money Laundering
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.
Climate Risk
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.
Fraud, Scams & Cybercrime
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.
Fraud, Scams & Cybercrime
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.
Trading & Investment
China’s NFRA Proposes Updated Rules for Syndicated Loans
26/03/2024
The revised rules aim to encourage banks to develop their syndicated loan business, activate a secondary market for such loans, and promote fair and transparent pricing.
Clearing & Post-Trade
ESMA Publishes Industry Feedback on Adoption of T+1 in Europe
26/03/2024
The feedback was mixed. ESMA will seek to better understand the suitability, costs and benefits of a shorter settlement cycle and publish a final report by Jan 2025.
Payments & Settlements
Australia’s High Value Clearing System Has Adopted ISO 20022
25/03/2024
The transition was one of the “largest and most complex programmes of work AusPayNet has undertaken to date in-house,” said CEO Andy White.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.