Manesh Samtani
Manesh manages the news desk and serves as an editor at Regulation Asia. He covers regulatory changes across Asia Pacific that impact banking, capital markets, asset management, and financial services more generally. Manesh is a former trader and investment consultant with a degree in Finance and Banking. manesh@regulationasia.com
Articles by Manesh Samtani
Fintech / Regtech
Korea to Develop Guidance on Mitigating Technology Risks
04/04/2023
The guidelines are an action item from a new task force that was created after a data centre fire disrupted Kakao’s services last October.
Securities / Derivatives
SFC Offers Guidance on Managing Risk in Trading Activities
04/04/2023
The guidance covers operational risk management, remote booking risk management, and data risk management, based on a thematic review.
Capital / Liquidity
Biden Administration Calls for Stricter Rules for Midsize Banks
02/04/2023
Banks with between $100bn and $250bn in assets would have to increase liquidity and capital, submit to enhanced stress tests, and write resolution plans.
Crypto / Digital Assets
IOSCO Issues Final Guidance on Mitigating Risks to Retail Investors
31/03/2023
IOSCO offers a comprehensive toolkit of measures for regulators to consider when addressing crypto scams, greenwashing and other forms of retail misconduct.
Capital / Liquidity
FSB to Develop and Run Global Bank Stress Test
31/03/2023
The FSB’s work programme for 2023 includes plans to develop and run a global bank stress test in cooperation with the BCBS.
Capital / Liquidity
HKEX to Increase Size of Futures Market Reserve Fund
30/03/2023
HKFE Clearing Corporation has revised the default assumption used in calculating the Reserve Fund size.
Securities / Derivatives
DBS Seeks to Establish Additional China Subsidiary
30/03/2023
DBS launched its China securities joint venture last June. If approved, the new subsidiary would be used to sponsor stock listings.
AML / KYC
Credit Suisse Violated 2014 Plea Deal with US DOJ
30/03/2023
UBS could be forced to pay US authorities $1.3bn – the amount Credit Suisse had discounted from its 2014 plea deal.
AML / KYC
26 Countries Commit to Transparent Beneficial Ownership
29/03/2023
The US-led initiative commits participating countries to implementing the FATF’s revised Recommendation 24 to combat corruption.
Capital / Liquidity
Fed, FDIC Probe Adequacy of Oversight at Collapsed Banks
29/03/2023
Fed review of SVB will consider supervisory failures. FDIC is investigating misconduct by bank directors, officers, and other parties.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team