Regulation Asia

Manesh Samtani, Regulation Asia

Manesh manages our research team and serves as editor, also contributing his own coverage of significant regulatory changes that impact banking, capital markets, asset management and financial services across Asia more generally. Manesh is a former trader and investment consultant with a degree in Finance and Banking. [email protected]

Posts By Manesh Samtani, Regulation Asia

670

International
FSB, BCBS Suggest Supervisory Action for Slow LIBOR Work
Manesh Samtani, Regulation Asia July 10, 2020
The available supervisory tools to accelerate transition at banks could include ad-hoc regulatory capital add-ons, administrative sanctions or other legal actions.
699

Feature
HKEX Clears First HONIA-based Interest Rate Swaps
Manesh Samtani, Regulation Asia July 10, 2020
The first centrally cleared HONIA interest rate swap contract was between BOCHK and HSBC, marking a significant step to promote HONIA’s adoption in the financial industry.
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AML / KYC
FATF Highlights Progress to Adopt AML Standards for Virtual Assets
Manesh Samtani, Regulation Asia July 8, 2020
35 of 54 reporting jurisdictions have implemented the FATF Standards on virtual assets and VASPs, and progress has been made to develop technology for travel rule implementation.
684

Feature
HKMA Offers Guidance for Banks on Climate Risk Practices
Manesh Samtani, Regulation Asia July 8, 2020
The HKMA has published its observations on the approaches used by major banks to manage climate risk, as guidance for the banking sector as a whole.
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AML / KYC
Using Privacy Preserving Analysis to Tackle Financial Crime
Manesh Samtani, Regulation Asia July 7, 2020
Privacy enhancing technologies, or PETs, may provide a "similar or, even, identical utility" compared to analysis of the raw data in some use-cases, says an FFIS paper.
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Enforcement
S. Korean Regulators to Probe All Private Fund Operators
Manesh Samtani, Regulation Asia July 5, 2020
A new inter-agency team, led by the FSS, will be established by mid-July, and refer any illegalities detected to authorities for 'swift action' including prosection.
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Featured Articles
BIS Innovation Hub Can Draw Lessons from GFIN
Manesh Samtani, Regulation Asia and Stephen Scott, Starling July 3, 2020
As the BIS Innovation Hub widens its reach, success will rely on its ability to cultivate a supportive ecosystem which includes financial institutions and innovators alike.
638

Feature
HKMA Sets Out Principles for Supervisory Approach on Climate
Manesh Samtani, Regulation Asia July 1, 2020
The HKMA expects the results of the industry greenness self-assessments in August 2020, which will inform its supervisory expectations ahead of a consultation next year.
473

Big Picture
Covid-19 Liquidity Issues to Morph into Solvency Threat: BIS
Manesh Samtani, Regulation Asia July 1, 2020
Once the acute illiquidity phase of the crisis passes and insolvency problems emerge, the onus of crisis management will shift from central banks to fiscal authorities.
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AML / KYC
Hong Kong Autonomy Act Advances in US Congress
Manesh Samtani, Regulation Asia June 26, 2020
Once signed into law, the Act will authorise the use of sanctions against individuals, entities and financial institutions in response to China's new national security law for Hong Kong.