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
Trading & Investment
WFE Calls on Policymakers to Better Promote Equity Markets
19/09/2023
From a policy perspective, it is important not to approach market-based finance in the same way as banking, the WFE says.
Cybersecurity
SFC to Commence Review of Industry Cybersecurity Practices
18/09/2023
Commencing this month, the review will entail a survey of licensed corporations as well as meetings and on-site inspections with selected firms.
Conduct, Culture & Accountability
MAS Imposes 9-Year Ban on Directors of Three Arrows Capital
15/09/2023
MAS reprimanded the bankrupt crypto hedge fund for regulatory violations last June. The regulator has since uncovered additional violations.
Structural Regulation
SHFE Approves Citi as Futures Margin Depository Bank
15/09/2023
The approval is the first granted to a US bank. It allows Citi to provide futures margin depository services to QFI clients trading in China’s commodity derivatives market.
Capital Adequacy
RBI Revises Norms for Banks’ Investment Portfolios
15/09/2023
The RBI said the revisions will enhance the quality of financial reporting, bolster the corporate bond market, and strengthen bank risk management.
Structural Regulation
Bloomberg Issues Consultation on Potential Cessation of BSBY
14/09/2023
In July, IOSCO effectively declared BSBY non-compliant. The administrator is now seeking feedback on whether to stop publishing the rate.
Resolution & Recovery
TLAC Shortfalls Widen at Chinese G-SIBs
13/09/2023
China’s big four banks have estimated TLAC shortfalls of around CNY 2.3 trillion based on requirements taking effect on 1 January 2025.
Market Abuse
US SEC Charges Virtu For Not Protecting Confidential Customer Data
13/09/2023
Virtu describes the lawsuit as retaliation for the company’s public criticism of the SEC’s market structure rule proposals.
Tokenisation
MUFG Tokenisation Platform Elevated to National Infrastructure in Japan
13/09/2023
Progmat Inc will be jointly owned by JPX and seven other companies including the major Japanese banks, and work to advance the development of the country’s digital asset market.
Anti-Money Laundering
APG Releases Mutual Evaluation Report for Nepal
12/09/2023
Nepal’s AML/CFT regime has undergone significant reform since its 2011 mutual evaluation, however further legislative amendments are needed.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.