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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    Australia Calls for Improved Transparency on Remittance Costs

    18/06/2023

    A coalition of companies has called on the government to require banks to disclose all the costs of international money transfers upfront.

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    Crypto / Digital Assets

    Crypto Lender Abra Faces Regulatory Action in Texas

    17/06/2023

    The Texas State Securities Board alleges that Abra has been making false statements and transferring assets to risky platforms.

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    Enforcement

    HK Customs Arrests 23 Men for Money Laundering via Air Travel

    16/06/2023

    HK Customs officers seized HKD 43 million and arrested 23 men for laundering HKD 720 million via air passengers.

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    ESG / Sustainability

    IPSASB to Develop Climate Disclosure Standard for Public Sector

    15/06/2023

    The IPSASB will build off the IFRS S2 Climate-related Disclosures standard and GRI climate-related topic standards, and produce an exposure draft in Q4 2024.

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    Enforcement

    Bittrex Gets Court Approval to Allow Customer Withdrawals

    14/06/2023

    The DOJ had argued that allowing customer withdrawals would subordinate a government claim, but the court ruled in favour of Bittrex.

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    Crypto / Digital Assets

    UBS, BOCI Issue First Digital Structured Notes for APAC Clients

    14/06/2023

    In collaboration with UBS, BOCI has become the first Chinese financial institution to issue a tokenised security in Hong Kong.

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    Securities / Derivatives

    FSC Korea Unveils Planned Improvements to Accounting Rules

    14/06/2023

    Requirement for smaller stock companies to undergo an external audit of their accounting control systems postponed for five years.

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    Securities / Derivatives

    SEBI to Require Registration from Execution-only Mutual Fund Platforms

    14/06/2023

    SEBI to require online platforms for mutual fund direct plans to obtain registration from 1 September 2023.

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    Fintech / Regtech

    Bangladesh Bank to Issue Guidelines for Digital Banking

    14/06/2023

    The central bank plans to finalise a new licensing framework for digital banks this month, after consulting with stakeholders.

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    Sanctions

    China Military Pilot Training Targeted by US Export Controls

    14/06/2023

    US Commerce Department’s Bureau of Industry and Security added 43 entities to its Entity List for aiding China’s military modernisation programmes.

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