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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    AML / KYC

    SBV Issues Circular on Money Laundering Prevention and Control

    01/08/2023

    The circular specifies the obligations of reporting entities, including obligations to report high-value and suspicious transactions.

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    China Appoints Pan Gongsheng as New PBOC Governor

    28/07/2023

    China has appointed Pan Gongsheng as the new central bank governor, ahead of a high-level meeting on financial policies and regulations.

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    ESG / Sustainability

    RBI to Issue Guidance on Climate-related Credit Risks for Banks

    26/07/2023

    The RBI is also working on a disclosure framework for climate-related financial risks and guidance on climate scenario analysis.

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    Crypto / Digital Assets

    South Korea Unification Minister Faces Scrutiny Over Crypto Trading

    26/07/2023

    Opposition party lawmakers claim minister Kwon Young-se may have had a conflict of interest that influenced his trading in virtual assets.

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    Capital / Liquidity

    FDIC Directs Banks to Fix Incorrectly Reported Uninsured Deposits

    26/07/2023

    The FDIC said some banks are understating uninsured deposits by excluding those backed by collateral, which is “incorrect”.

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    Crypto / Digital Assets

    South Korean Banks Eye CD Tokens as Stablecoin Alternative

    24/07/2023

    CD tokens are based on the existing banking system and do not require a change in the role of central banks, unlike stablecoins.

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    AML / KYC

    HK ADCC Prevented Nearly HK$12bn of Fraud Losses in Six Years

    22/07/2023

    HK’s Anti-Deception Coordination Centre has prevented HKD 11.79 billion from falling into the hands of fraudsters since the unit was set up about six years ago.

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    AML / KYC

    RBI Steps Up Scrutiny of Bank Response to Digital Fraud

    22/07/2023

    The RBI is asking lenders about their fraud prevention systems, customer service handles, grievance redressal cells and customer awareness campaigns.

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    Crypto / Digital Assets

    UK Rejects Proposal to Regulate Crypto as Gambling

    21/07/2023

    The UK government and Treasury have rejected a parliamentary committee’s suggestion to regulate crypto trading and investment as gambling.

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    Capital / Liquidity

    FSS Korea Cautions Securities Firms Against Real Estate-related Risks

    21/07/2023

    The financial watchdog met with local securities firms to assess and manage real estate-related risks amid concerns of rising overdue loans.

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