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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    Crypto / Digital Assets

    UK Funds Can Start Tokenising Funds, FCA Confirms

    25/11/2023

    In this initial stage, FCA authorised funds can implement tokenisation using a “baseline approach”, provided they meet certain characteristics.

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    Fintech / Regtech

    UK FCA Seeks Input on Big Tech’s Data Advantage in Finance

    25/11/2023

    The FCA invites responses from national and international competition authorities and regulators, as well as Big Tech firms, financial services firms, consumer groups, and academics.

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    Enforcement

    Binance Founder Allowed to Return to UAE Until Sentencing

    24/11/2023

    The DOJ has appealed the decision to allow Changpeng Zhao to leave the US until sentencing on 23 February 2024.

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    Enforcement

    Australian Court Orders Mercer Advice Unit to Pay A$12m Penalty

    23/11/2023

    Mercer Financial Advice was fined for failing to provide compliant fee disclosure statements and charging fees for services never rendered.

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    Myanmar Tightens Restrictions on Cash Withdrawals from Banks

    23/11/2023

    Customers are told they need to show strong evidence of need to make large withdrawals.

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    Crypto / Digital Assets

    Basel Institute on Governance “Cautiously Optimistic” Regarding Crypto Risks

    23/11/2023

    Criminal funds flowing through blockchains are “decreasing constantly” as a proportion of total value. Regulations in the world’s financial centres are becoming stronger.

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    Capital / Liquidity

    China Promotes Digital Services for Capital Account Business

    23/11/2023

    The PBOC and SAFE asked banks to provide digital services for capital account foreign exchange and cross-border RMB business.

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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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