Posts By Manesh Samtani, Regulation Asia
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403Ransomware Attack Against ION Markets Hit Derivatives Traders
Manesh Samtani, Regulation Asia February 3, 2023The incident has forced firms to manually process derivatives trades. Ransomware gang Lockbit has threatened to publish stolen data unless a ransom is paid.
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206UK Deadline Passes for Foreign Property Owners to Declare Identity
Manesh Samtani, Regulation Asia February 3, 2023The register has so far established that various billionaire businessmen, political donors, criminals, and sanctioned individuals own UK property through offshore jurisdictions.
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395SEBI Expands Adani Probe as Share Sale is Called Off
Manesh Samtani, Regulation Asia February 2, 2023Adani Group's share sale successfully closed in the face of fraud allegations, but the conglomerate decided not to proceed. SEBI is looking for irregularities.
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387UK Launches Consultation on Regulatory Framework for Crypto
Manesh Samtani, Regulation Asia February 2, 2023The framework will require crypto exchanges to define token listing standards, strengthen rules for intermediaries and custodians, and introduce a crypto market abuse regime.
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448FSC Korea Unveils 12 Policy Initiatives in 2023 Work Plan
Manesh Samtani, Regulation Asia February 1, 2023The initiatives seek to mitigate risks related to financial stability, insolvencies, scams, and virtual assets, while also promoting innovation and fintech.
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437UK Economic Crime Bill to Include New ‘Failure to Prevent’ Offences
Manesh Samtani, Regulation Asia January 31, 2023Failure to prevent fraud, false accounting, and money laundering will become new corporate criminal offences in the UK.
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SEBI Investigating Alleged Stock Manipulation by Adani Group
Manesh Samtani, Regulation Asia January 30, 2023Short seller Hindenburg Research says the Adani Group engaged in stock price manipulation and accounting fraud over the course of decades.
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417White House Calls for Progress on US Crypto Legislation
Manesh Samtani, Regulation Asia January 30, 2023Congress should strengthen disclosure requirements for crypto firms and expand regulators’ powers to prevent misuses of customers’ assets and mitigate conflicts of interest, officials say.
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674Regulation Increasingly Seen as Effective Way to Boost Cyber Resilience
Manesh Samtani, Regulation Asia January 26, 2023New report by World Economic Forum and Accenture finds that 73% of business leaders think regulations are effective in reducing cyber risks.
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716US SEC Fines Crypto Firm Nexo for Unregistered Securities Offering
Manesh Samtani, Regulation Asia January 20, 2023Nexo settled charges from US regulators for $45mn. The company was separately raided by Bulgarian authorities last week.
