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
Enforcement
MAS Proposes to Improve Fairness of Appeals Process
21/10/2021
Proposed changes to the Appeals Regulations would allow appellants to review MAS’ reasons for a decision before filing their petition for appeal.
AML / KYC
FATF Addresses Pandora Papers With New BO Requirements
21/10/2021
The FATF proposes countries be required to assess the AML/CTF risks associated with foreign-created legal persons, and take steps to manage and mitigate them.
PBOC Says Evergrande Risks ‘Controllable’, as Risks Spill Over
20/10/2021
While PBOC officials are framing the Evergrande crisis as an isolated situation, problems in the property sector have broader implications for banks and investor confidence.
Securities / Derivatives
Pakistan Stock Exchange Set to Launch New Trading System
19/10/2021
The system, acquired from the Shenzhen Stock Exchange, was first scheduled to be implemented in March 2021. The launch is now expected within October.
Market Infrastructure
19 Hong Kong Banks Approved to Participate in Wealth Connect
19/10/2021
Citibank, Hang Seng Bank, HSBC, ICBC, and Standard Chartered are among those that will participate in both the southbound and northbound schemes.
Capital / Liquidity
PBOC, CBIRC Publish D-SIBs List, Additional Regulations
18/10/2021
19 systemically important banks are named: the 6 big state-owned banks, 9 joint-stock banks and 4 municipal commercial banks.
CBIRC Tightens Rules for Major Shareholders of Banks, Insurers
17/10/2021
The rules prohibit major shareholders from concealing their equity relationships, interfering with operations, and engaging in connected transactions.
ESG / Sustainability
HK Regulators Offer Support for New Climate Action Plan
13/10/2021
The Green and Sustainable Finance Cross-Agency Steering Group pledges support for the government’s Climate Action Plan 2050.
Market Infrastructure
FSB Offers Policy Toolkit to Address MMF Vulnerabilities
12/10/2021
Enhancing MMF resilience will help address systemic risks and minimise the need for central bank interventions to support the sector, the FSB said.
Securities / Derivatives
HKMA, SFC Outline Expectations on Sale of ILS Products
11/10/2021
The circular follows the $30mn issuance of Hong Kong’s first catastrophe bond by Greater Bay Re, a state-sponsored special purpose vehicle.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team