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 FCA Addresses Debanking Concerns in New Report

    20/09/2023

    The FCA said no credit institution or payment company it reviewed closed an account between July 2022 and June 2023 primarily because of a customer’s political views.

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    Enforcement

    US Court Jails Former Deutsche Bank Exec for Crypto Fraud

    19/09/2023

    Rashawn Russell, who operated a fake cryptocurrency investment fund and an identity theft scheme, was sentenced to 30 years in prison.

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    AML / KYC

    Australia Consults on Bill to Expand Digital ID System

    19/09/2023

    The bill would allow myGovID to be used in the private sector, and allow accredited private sector IDs to be used for some government services.

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    Crypto / Digital Assets

    South Korea to Tighten Oversight of OTC Crypto Transactions

    18/09/2023

    Korean authorities plan to develop new regulations for OTC crypto transactions and enhance cooperation and information sharing in this area.

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    Sanctions

    G7 Plans to Ban Imports of Russian Diamonds – Report

    17/09/2023

    The move is part of efforts to reduce Russia’s revenues and pressure it to end its war in Ukraine.

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    Capital / Liquidity

    Taiwan FSC Releases Stress Test Results for Banks, Insurers

    16/09/2023

    Five insurance companies and three banks failed to pass the most “severe” scenario and have proposed capital improvement plans.

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    Securities / Derivatives

    ACGA Urges Korea to Review Corporate Governance Rules

    15/09/2023

    The ACGA sent a letter to the FSC outlining areas where Korea’s corporate governance rules can be improved to bolster the capital market and investor confidence.

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    Crypto / Digital Assets

    Deutsche Bank Enters Crypto Custody Space with Taurus Partnership

    15/09/2023

    The bank will hold cryptocurrencies and tokenised assets for its institutional clients, but not offer crypto trading yet.

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    Securities / Derivatives

    SEBI Overhauls Quarterly Reports for Alternative Investment Funds

    15/09/2023

    The revised format requires AIFs to provide information on their fund structure, investment strategy, portfolio composition, valuation methodology, and other areas.

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    Sanctions

    US to Tighten Foreign Investment Scrutiny Amid China Concerns

    15/09/2023

    CFIUS will increase its compliance checks, questions, and site-visits, and hire more third-party auditors to identify deals that could impact national security.

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