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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    PEPs & Sanctions

    Canada Sanctions Iranian Judges Citing Human Rights Violations

    19/06/2023

    Canada says Iran’s Revolutionary Courts are “notorious for issuing death sentences and harsh prison terms following sham trials and based on evidence gathered under torture”.

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    Conduct, Culture & Accountability

    UK FCA Imposes Restrictions on Odey Asset Management

    19/06/2023

    The restrictions are intended to facilitate an orderly breakup of Odey Asset Management, after its founder was accused of sexual misconduct.

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    Credit Risk

    BNM Seeks Feedback on Impaired Loans Disposal Rules

    19/06/2023

    The exposure draft sets out new requirements and guidance for sellers and buyers of impaired loans/financing.

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    Market Abuse

    EU Proposes New Rules to Address Cum-Ex Tax Dodge Schemes

    19/06/2023

    The proposals aim to make withholding tax procedures more efficient and secure for investors, banks and tax authorities.

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    Market Abuse

    UK MPs Demand Re-examination of LIBOR Rigging Convictions

    18/06/2023

    UK MPs say crucial evidence was withheld from the LIBOR manipulation inquiry and that the UK is now alone in treating the actions of the traders involved as criminal.

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    Payments & Settlements

    Australia Calls for Improved Transparency on Remittance Costs

    18/06/2023

    A coalition of companies has called on the government to require banks to disclose all the costs of international money transfers upfront.

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    Cryptocurrency

    Crypto Lender Abra Faces Regulatory Action in Texas

    17/06/2023

    The Texas State Securities Board alleges that Abra has been making false statements and transferring assets to risky platforms.

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    Anti-Money Laundering

    HK Customs Arrests 23 Men for Money Laundering via Air Travel

    16/06/2023

    HK Customs officers seized HKD 43 million and arrested 23 men for laundering HKD 720 million via air passengers.

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    Reporting & Disclosures

    IPSASB to Develop Climate Disclosure Standard for Public Sector

    15/06/2023

    The IPSASB will build off the IFRS S2 Climate-related Disclosures standard and GRI climate-related topic standards, and produce an exposure draft in Q4 2024.

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    Cryptocurrency

    Bittrex Gets Court Approval to Allow Customer Withdrawals

    14/06/2023

    The DOJ had argued that allowing customer withdrawals would subordinate a government claim, but the court ruled in favour of Bittrex.

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