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

    FSC Korea to Modernise Network Separation Regulations

    17/04/2024

    A new task force held its inaugural meeting to discuss ways to update Korea’s network separation regulations to enable financial sector innovation.

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    AML / KYC

    BNM Finalises Policy Requirements for Electronic KYC

    17/04/2024

    The policy document sets revised requirements and guidance for implementing e-KYC solutions in Malaysia’s financial sector.

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    AML / KYC

    US, China Commence Meetings on AML, Financial Sector Resilience

    16/04/2024

    At the AML/CFT meetings, officials discussed virtual assets and beneficial ownership, with both sides agreeing to continue meeting regularly.

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    Securities / Derivatives

    SFC Issues Guidance on Offering Hong Kong Funds in UAE

    11/04/2024

    The SFC published an information sheet providing guidance on how Hong Kong funds can be offered to investors in the DIFC and the UAE more broadly.

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    Enforcement

    Mossack Fonseca Trial Commences in Panama Over 2016 Document Leak

    10/04/2024

    The founders and other former representatives, lawyers and ex-employees of Mossack Fonseca face money laundering charges for a corruption scheme in Brazil.

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    Fintech / Regtech

    FSS Korea Launches New Registration System for Investment Firms

    02/04/2024

    The new system will streamline the registration process for prospective financial investment businesses and eliminate the need for physical documents.

    Fintech / Regtech

    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.

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    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.

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    Crypto / Digital Assets

    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.

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    AML / KYC

    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.

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