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
Enforcement
UK FCA Fines Commodities Broker for AML Failings
05/10/2023
ADM Investor Services International did not conduct a firm-wide money laundering risk assessment, and its policies and procedures referred to old legislation.
Enforcement
Barclays to Appeal India Whistleblower Retaliation Ruling
03/10/2023
Barclays is appealing an Indian court order that found it had violated its whistleblowing policy and retaliated against a former IT manager.
Enforcement
CFTC Fines Goldman for Failing to Prevent Disruptive Trading
03/10/2023
Goldman’s surveillance was not properly monitoring for disruptive trading and its preventative control to suspend such trading malfunctioned.
Enforcement
CFTC Fines Three Major FIs for Swap Reporting and Other Violations
03/10/2023
Affiliates of Goldman Sachs, JP Morgan, and Bank of America were fined a total $53mn for violating rules for swap dealers.
Enforcement
Three Arrows Capital Co-Founder Jailed in Singapore
03/10/2023
The co-founder was jailed for not cooperating with the liquidator’s effort to recover funds to return to the creditors of the collapsed hedge fund.
Capital / Liquidity
Japan to Test Banks’ Resilience Against Social Media-Driven Runs
03/10/2023
Japan’s FSA plans to test the resilience of around 20 banks against social media-fuelled runs, responding to the failure of Silicon Valley Bank in the US.
Fintech / Regtech
MAS Querying DBS Regarding Disruption of Payment Services
03/10/2023
MAS is following up with DBS to identify the root cause of a disruption to the bank’s FAST and PayNow services last week.
Enforcement
Former Goldman Analyst, Three Others Charged for Insider Trading
02/10/2023
The former analyst tipped his friends to impending M&A deals. Together they made over $460,000 from trading on nonpublic information.
Sanctions
Western Allies Issue Guidance on Russia-related Export Controls
01/10/2023
E5 countries issue a guidance document for industry and academia on exporting commercial goods that may be subject to Russia sanctions.
Big Picture
Fed Report Assesses Financial Stability Risks of Stablecoins
01/10/2023
In a separate note, JP Morgan says the Fed’s decision to prevent stablecoins from accessing its overnight facilities could risk disruption in funding markets.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team