Manesh Samtani

    image

    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

    Market Infrastructure

    FMSB Finalises Standard on Use of Term SONIA

    31/07/2021

    Use cases for Term SONIA include trade finance, working capital products, Islamic finance, export finance, and emerging markets lending.

    Crypto / Digital Assets

    Ripple Opens Japan-Philippines Remittance Corridor

    31/07/2021

    Japan’s SBI Remit will connect with Coins.ph and crypto exchange SBI VC Trade to open the remittance corridor, leveraging Ripple’s on-demand liquidity service.

    Securities / Derivatives

    US SEC to Require New Disclosures from Chinese Issuers

    31/07/2021

    Chinese issuers with VIE structures will have to “prominently and clearly” disclose that they face uncertainty about future actions by the Chinese government.

    Market Infrastructure

    HKMA Updates Guidance on Bank Remuneration Systems

    30/07/2021

    Banks are expected to review their remuneration systems and adopt all necessary changes by 1 January 2022, the HKMA says.

    Market Infrastructure

    Singapore Offers Guidance on Converting Legacy SOR Contracts

    29/07/2021

    Guidance is offered on wholesale markets, corporate loans, derivatives, bonds and retail loans. A public education campaign will start in September 2021.

    Market Infrastructure

    Dealers Shift Default Rate for USD Linear Swaps to SOFR

    28/07/2021

    Market observers reported a sharp increase in SOFR swaps transacted, a trend said to be “clear and pronounced”.

    Big Picture

    Australia: Mutual Banks Face “Avalanche” of Regulatory Change

    28/07/2021

    A new benchmarking report from GRC Solutions highlights the challenges incoming regulatory requirements are presenting to the mutual banking sector.

    Big Picture

    FRTB May Constrain Growth of Carbon Trading Market

    28/07/2021

    ISDA suggests in a new paper that the risk weight for carbon certificates under FRTB should be reduced and the tenor correlation parameter should be increased.

    AML / KYC

    Crypto to Become One of the ‘Safest Environments Ever’

    28/07/2021

    Experts discuss regulatory fragmentation, rapid travel rule adoption, and good compliance practices for VASPs.

    Securities / Derivatives

    UK FCA Finalises Rule Changes for SPAC Listings

    28/07/2021

    The FCA will remove the presumption of suspension at the point when an acquisition target is identified, for SPACs that meet certain criteria.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team