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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    Sanctions

    US State-Level Sanctions Imposed on Foreign Adversaries

    04/04/2023

    More than a dozen US states already restrict or prohibit foreign ownership of and investments in private agricultural land.

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    AML / KYC

    EBA Drafts Amendments to AML Guidance to Account for Crypto Risks

    29/03/2023

    The amendments are part of efforts to implement MiCA, which is due to be voted on in April.

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    Enforcement

    ESMA Fines S&P Global Ratings for Breaching CRA Rules

    24/03/2023

    S&P prematurely published credit ratings before securities were issued, failed to disclose decisions for discontinuing some credit ratings, and took too long to correct factual errors in reported data.

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    Crypto / Digital Assets

    Gibraltar’s Xapo Bank to “Fully Integrate” with USDC Stablecoin

    20/03/2023

    Users can send USDC using USD funds in their Xapo Bank accounts, with no fees incurred. Any USDC received is instantly converted to dollars.

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    ESG / Sustainability

    European Banks to Undergo Climate, Cyber Stress Tests

    15/03/2023

    European regulators have been asked to conduct a one-off climate risk scenario analysis. The ECB separately plans to launch a thematic stress test on cyber resilience.

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    Crypto / Digital Assets

    Traders See Crypto Derivatives Market as Resilient: Acuiti

    15/03/2023

    New Acuiti report finds that 64 percent of surveyed crypto derivatives traders have concerns over proof-of-reserves quality.

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    Big Picture

    IMF Proposes Global Marketplace for Trading Between CBDCs

    14/03/2023

    A global marketplace for trading tokenised money such as CBDCs would reduce the need for bilateral trust relationships and improve cross-border payments.

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    Sanctions

    Citi Warns of Potential for Russia to Weaponise Metal Exports

    10/03/2023

    Analysts worry that Russia could retaliate to new US tariffs on imports of Russian aluminium by banning nickel and palladium shipments.

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    Crypto / Digital Assets

    China CBDC App Integrates WeChat Pay as Payment Option

    09/03/2023

    PBOC’s e-CNY app aims to make digital currency more accessible, but adoption remains slow. The PBOC’s (People’s Bank of China) […]

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    Market Infrastructure

    US Unveils New Cybersecurity Strategy Focusing on Ransomware Attacks

    05/03/2023

    The strategy involves leveraging international cooperation, investigating crimes, bolstering infrastructure resilience, and addressing virtual currency abuse.

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