Posts By Manesh Samtani, Regulation Asia
-
5FATF Concludes Second Plenary Under German Presidency
Manesh Samtani, Regulation Asia February 26, 2021The FATF has finalised guidance on risk-based supervision, terrorist financing, and arms trafficking, as well as draft guidance on proliferation financing, and virtual assets.
-
5New Initiatives Announced to Promote Hong Kong Capital Market
Manesh Samtani, Regulation Asia February 26, 2021Paul Chan spoke of measures to boost green bond issuance, launch southbound Bond Connect, expand Stock Connect, and subsidise REITs, fund managers and family offices coming to Hong Kong.
-
45Hong Kong to Increase Stamp Duty on Stock Transactions
Manesh Samtani, Regulation Asia February 25, 2021The decision is estimated to raise trading costs by 6-15 percent, depressing trading volumes and squeezing HKEX’s earnings per share by 3-7 percent.
-
55Australia On Track for Smooth IBOR Transition: S&P Global
Manesh Samtani, Regulation Asia February 25, 2021Like other jurisdictions, AONIA does not yet have an established term market, however banks and corporates can reference the three-month BBSW where a term rate is needed.
-
72DTCC Suggests Move to T+1 Settlement in US Markets
Manesh Samtani, Regulation Asia February 24, 2021Reducing the settlement cycle to T+1 could reduce the NSCC's value-at-risk clearing fund charge by 30-40 percent for sample portfolios, DTCC said.
-
107China State Council Issues Guideline to Support Green Initiatives
Manesh Samtani, Regulation Asia February 24, 2021The guideline indicates that green finance initiatives will be given a greater weighting in financial institutions’ performance evaluations.
-
99China, UAE Join HKMA-BOT Initiative to Create CBDC Bridge
Manesh Samtani, Regulation Asia February 24, 2021The project, now called ‘m-CBDC Bridge’, will seek the development of a prototype to facilitate real-time cross-border transactions using multiple CBDCs.
-
64LCH Extends Central Clearing for SORA Derivatives to 21 Years
Manesh Samtani, Regulation Asia February 23, 2021MAS will likewise extend the tenor of its daily SORA derivatives auctions with major derivatives dealers from 5-years to 20-years.
-
84MAS Proposes Revisions to Requirements for Insurers
Manesh Samtani, Regulation Asia February 23, 2021MAS proposes to enhance the current requirements relating to enterprise risk management, investment risk management and disclosure practices.
-
66US Prosecutors Unveils New Charges Against North Korean Hackers
Manesh Samtani, Regulation Asia February 22, 2021Warrants have been issued for the arrest of the three programmers said to be involved in the Sony, WannaCry, Bangladesh Bank and other attacks.
