Manesh Samtani
Manesh Samtani is the Editor at Regulation Asia, where he leads the regional news desk from Hong Kong, directing coverage of critical regulatory developments impacting financial services across APAC. Manesh specialises in analysing how new rules and technologies are reshaping banking, capital markets, and the fight against financial crime, providing finance professionals, compliance leaders, and policymakers with the intelligence they need to navigate risk and understand the impact of regulatory change in the region. manesh@regulationasia.com
Articles by Manesh Samtani
Securities / Derivatives
SFC Announces Fast Track Process for Simple Fund Authorisations
22/10/2024
Under FASTrack, the SFC will take up applications within five business days of receipt, and grant authorisation within 10 business days from the take-up date.
Big Picture
FSB Reports on Progress to Enhance Cross-border Payments
22/10/2024
Adoption of the LEI in cross-border payments remains a challenge. Progress toward achieving targets has been limited across wholesale, retail, and remittances.
Capital / Liquidity
New Debtor Protection Act Takes Effect in South Korea
21/10/2024
The new law requires lenders to provide debt workout services to debtors before initiating debt collection, debt transfers or court proceedings.
Fintech / Regtech
FCA Launches “AI Lab” to Support Financial Sector Innovation
20/10/2024
The FCA’s Jessica Rusu said the AI Lab will help firms overcome challenges they face in building and implementing AI solutions.
China to Expand Property ‘White List’ Programme, Expand Funding
18/10/2024
Approved loans for “white listed” projects reached CNY 2.23 trillion by 16 October. MOHURD said financing for such projects would increase to CNY 4 trillion by year end.
Securities / Derivatives
China Launches Two New Facilities to Boost Stock Market
18/10/2024
A new swap facility provides funding for securities firms, funds and insurers to invest in stock. A new relending facility will finance stock repurchases.
AML / KYC
FATF Announces Changes to Grey-Listing Mechanism
18/10/2024
The changes are expected to halve the number of lower income countries that are grey-listed in the upcoming assessment cycle.
Sanctions
11 Countries Establish Team to Monitor DPRK Sanctions Enforcement
17/10/2024
The new Multilateral Sanctions Monitoring Team will take up the work of a UN expert panel that was dissolved by a Russian veto earlier this year.
Enforcement
US Imposes Cyber Sanctions on Russian Crypto Network
30/09/2024
Two Russians were also indicted in a coordinated action that additionally involved the seizure of web domains and infrastructure.
Market Infrastructure
HKMA, SFC Finalise Details for New Derivatives Reporting Regime
29/09/2024
The UTI, UPI, CDE, LEI and ISO 20022 will be required under Hong Kong’s OTC derivatives reporting regime from 29 September 2025.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team