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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    Enforcement

    ECB Threatens Fines for Banks Lagging on Climate Risk

    23/11/2023

    The central bank has given about 20 banks individual deadlines to fix their shortcomings in managing climate and environmental risks.

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    Securities / Derivatives

    Thai SEC Directs Stock Exchange to Tighten Short Selling Rules

    23/11/2023

    The regulator asked the SET to enforce stricter rules on short selling transactions, amid concerns of naked short selling in the market.

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    China, Cambodia Sign Yuan Clearing Agreement

    23/11/2023

    The PBOC and the NBC have signed a memorandum of cooperation to facilitate financial transactions in yuan and enhance economic ties.

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    Crypto / Digital Assets

    Canada Starts Consultations on Crypto Asset Disclosure by Banks

    23/11/2023

    Canada’s banking regulator is seeking feedback on proposals to align with the BCBS framework for crypto asset disclosures.

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    ESG / Sustainability

    BCBS Addresses Challenges of Managing Climate-related Financial Risk

    23/11/2023

    BCBS newsletter discusses challenges relating to data availability and quality, capabilities and expertise, and climate scenario analysis.

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    Citi Completes Sale of Indonesia Consumer Business to UOB

    22/11/2023

    UOB acquired Citi’s consumer banking operations in Indonesia, Malaysia, Thailand, and Vietnam.

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    Enforcement

    UK Reinsurance Brokers Settle FCPA Charges for Ecuador Bribes

    21/11/2023

    Tysers Insurance Brokers agreed to pay almost $47mn for bribing officials at Ecuadorian state-owned insurance companies.

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    Big Picture

    ISDA, FIA, IIF Respond to FSB Consultation on CCP Resolution

    21/11/2023

    The industry groups welcomed the FSB’s focus on CCP resolution, but have raised some concerns and suggestions for improvement.

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    Crypto / Digital Assets

    MAS Grants In-Principle Approval to Crypto Firm XREX

    21/11/2023

    The in-principle approval encompasses six payment services. Last week, MAS also granted in-principle approvals to three stablecoin issuers.

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    Enforcement

    Ransomware Group Files SEC Complaint Against its Own Victim

    20/11/2023

    ALPHV/BlackCat attacked software company MeridianLink, then filed a complaint with the US SEC saying the company failed to disclose the attack.

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