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
Cybersecurity
Bangladesh Defends Against Nationwide Cyber Attacks
17/08/2023
Several warnings were issued in the lead-up to Tuesday’s attacks. 25 public and private institutions are reported to have been breached.
Emerging Prudential Risks
Macau Amends Financial System Act to Boost Competitiveness
16/08/2023
The Act introduces a new type of licence for banks focusing on specialty business, among other changes.
Structural Regulation
Cambodia, Laos to Collaborate on Securities Market Development
15/08/2023
Cambodia, Laos securities market regulators agree to collaborate to develop the securities markets in their respective countries.
Structural Regulation
SEBI Seeks Feedback on Revised Delisting Norms
15/08/2023
SEBI issued a consultation paper seeking public comments on reviewing the current delisting norms for listed companies.
Fraud, Scams & Cybercrime
FSS Korea Probes Daegu Bank for Unauthorised Account Opening
14/08/2023
South Korea’s FSS has launched an emergency inspection on Daegu Bank over suspected unauthorised securities account opening.
Structural Regulation
Russia Suspends Tax Agreements with 38 Countries
11/08/2023
The double-taxation treaties are suspended in view of “unfriendly actions” of certain countries.
KYC & CDD
Korea to Reduce Document Burden of Account Opening
11/08/2023
Regulators will improve the ability of individuals and businesses to open bank accounts and ease the limits placed on transfers and withdrawals.
PEPs & Sanctions
UOB to Tighten Restrictions on Myanmar Business from 1 September
10/08/2023
UOB will restrict payments to and from Myanmar accounts, card transactions for Myanmar individuals and banks, and close Myanmar banks’ nostro accounts.
Operational Risk
APRA Finalises Methodology for Combining MySuper Performance Histories
10/08/2023
The methodology will apply in the MySuper performance test, for situations such as product mergers or closures where performance histories must be combined.
Anti-Money Laundering
UN Chief Calls for Global Tax Reform, Criticises OECD
09/08/2023
The UN Secretary-General calls for more UN involvement in setting and enforcing global tax standards.
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