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

    Capital / Liquidity

    Korean Banks to Resume Bond Issuance as Markets Stabilise

    22/12/2022

    South Korea’s corporate bond market is showing signs of recovery, prompting banks to resume bond issuance to replace maturing debt.

    Crypto / Digital Assets

    Audit Firms Are Exiting Relationships with Crypto Clients

    21/12/2022

    Mazars and Armanino have stopped serving clients in the crypto sector. BDO is reconsidering its approach to the sector.

    Enforcement

    Former German Tax Inspector Jailed Over Cum-Ex Tax Fraud

    20/12/2022

    Hanno Berger, considered a Cum-Ex mastermind, was sentenced to eight years in jail and ordered to repay EUR 13.7 million.

    Big Picture

    Systemic Risk Scores in Global Insurance Sector Are Rising: IAIS

    19/12/2022

    Higher systemic risk scores are driven by increased exposures to illiquid and difficult-to-value assets, OTC derivatives, repo transactions and other factors.

    Crypto / Digital Assets

    US Lawmakers Introduce AML/CFT Bill for Crypto Firms

    19/12/2022

    The bill would categorise all crypto firms as money transfer businesses, requiring them to implement AML programmes and prohibiting the use of crypto mixers.

    Enforcement

    US SEC, DOJ Charge Social Media Influencers for Securities Fraud

    18/12/2022

    Eight individuals are accused of engaging in a conspiracy to commit securities fraud through a social media-based “pump and dump” scheme.

    Market Infrastructure

    Japan to Raise Taxes on Wealthy Individuals, Corporations

    18/12/2022

    Taxes will be raised on those who earn over JPY 3 billion through stocks and real estate. A corporate surtax of 4 to 4.5 percent will also be adopted.

    AML / KYC

    Singapore Releases Blueprint to Combat Ransomware Attacks

    17/12/2022

    The blueprint includes recommendations to discourage ransomware payments and make it mandatory for organisations to report such payments.

    Sanctions

    New Russia, Iran Sanctions Imposed Over Drone Use in Ukraine

    16/12/2022

    The UK, EU and New Zealand has announced new sanctions against Iranian individuals and entities over the supply of drones to Russia.

    Market Infrastructure

    NYSE, Nasdaq Expected to See More Capital Raises via Direct Listings

    16/12/2022

    The SEC is expected to permit the NYSE to ease its rules for direct listings, after a similar approval was granted to Nasdaq earlier this month.

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