Posts By Manesh Samtani, Regulation Asia
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320Japan Unveils Decisions on Treatment of Legacy LIBOR Contracts
Manesh Samtani, Regulation Asia November 24, 2021Synthetic JPY LIBOR may be used if the contracting parties agree to do so, as well as in "exceptional cases" where it is difficult to proceed with negotiations.
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535FSB Calls for Urgent Action Complete LIBOR Transition Steps
Manesh Samtani, Regulation Asia November 23, 2021The FSB says transition should be "primarily to overnight RFRs" and that it is closely watching market developments regarding credit-sensitive rates.
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461HKMA Restricts Data Sharing for Direct Marketing Purposes
Manesh Samtani, Regulation Asia November 23, 2021Banks may not share customers' personal data with third parties including their own group companies for direct marketing purposes.
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491Japan FSA Publishes Principles for Model Risk Management
Manesh Samtani, Regulation Asia November 23, 2021The FSA published the principles to catalyse further development of model risk management practices in the industry and prevent risk.
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539HKMA Concludes First Phase of Front Office Incentives Review
Manesh Samtani, Regulation Asia November 22, 2021Preliminary observations from the review show that banks are increasingly considering both financial and non-financial factors when designing incentive systems.
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197OCBC ‘Actively Exploring’ Partnerships to Enter Crypto Space
Manesh Samtani, Regulation Asia November 22, 2021OCBC's Aditya Gupta says digital assets will be mainstreamed into the financial ecosystem "before we know it", creating new growth opportunities and revenue streams for banks.
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441HKEX Finalises Changes to Listing Regime for Overseas Issuers
Manesh Samtani, Regulation Asia November 22, 2021From 1 January 2022, overseas issuers without WVR structures will have lower minimum market cap requirements to secondary list in Hong Kong.
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268Bursa Malaysia Announces New Initiative to Accelerate ESG Adoption
Manesh Samtani, Regulation Asia November 19, 2021The initiative, known as #financing4ESG, will promote sustainable finance in Malaysia and accelerate ESG adoption among listed companies.
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219FSB Plenary Agrees Work Programme for 2022
Manesh Samtani, Regulation Asia November 19, 2021The programme includes work around the response to Covid-19, NBFI resilience, crypto/stablecoin/DeFi risks, climate risk, and the post-2008 crisis reforms.
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187HK FSDC Proposes Measures to Advance Biotech Hub Ambitions
Manesh Samtani, Regulation Asia November 18, 2021The FSDC says allowing SPACs to list in Hong Kong will help to bolster the city's status as a fundraising hub for the healthcare and biotech sectors.
