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
AML / KYC
US Imposes New Sanctions on Russian Targets
16/09/2022
The US and EU are also discussing plans target Turkish banks that have joined Russia’s Mir payment system. Putin unexpectedly admitted to tensions with Xi.
Market Infrastructure
BIS Explores How Central Banks View Cyber Threat Landscape
15/09/2022
Central banks are prioritising investment in technical security control and resiliency, embracing risk management concepts, and adopting ‘zero-trust’ models.
Crypto / Digital Assets
Asset Tokenisation Increasingly Relevant in ‘Crypto Winter’ – Report
14/09/2022
A new report from BCG and ADDX projects a 50-fold increase in tokenised assets by 2030, bringing the market’s value to over $16 trillion.
AML / KYC
MAS Identifies AML/CFT Control Lapses at VCCs
14/09/2022
MAS found issues with EFI appointment, oversight and escalation. Customer risk assessments and ongoing monitoring need improvement.
AML / KYC
UN Official Calls for Removal of All Iran Sanctions
14/09/2022
Alena Douhan calls on the US and its allies to lift all sanctions and other restrictions against Iran, and invites the UN to propose mechanisms of compensation, remedy and redress.
Crypto / Digital Assets
US SEC to Establish New Office for Crypto-related Filings
13/09/2022
In a recent speech, SEC chair Gary Gensler highlighted the need for better disclosures for crypto investors. He also said the “vast majority” of crypto tokens are securities.
Enforcement
Australia Tables Bill to Establish Compensation Scheme of Last Resort
13/09/2022
Some in the industry have expressed concerns that the CSLR does not go far enough, as its scope does not cover managed investment schemes.
AML / KYC
FSDC Calls for Review of Hong Kong ‘Suitability’ Framework
13/09/2022
The FSDC says Hong Kong’s suitability framework has grown too “complex” and the suitability obligations are “overly prescriptive”.
ESG / Sustainability
SGX RegCo to Further Enhance Corporate Governance Rules
13/09/2022
SGX RegCo will consult on mandatory requirements for listed companies to disclose the dollar values of director and CEO remuneration.
AML / KYC
US Treasury Issues Guidance on Russian Oil Price Cap
12/09/2022
The price cap on Russian crude starts in December. India and China import over half of Russia’s seaborne oil. Nord Stream 1 is closed.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team