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
AML / KYC
China to Broaden Scope of AML Law, Raise Penalties
02/06/2021
The draft law brings into scope non-bank financial institutions as well as property developers, accounting firms and precious metal dealers.
AML / KYC
Addressing Sanctions Risk in Maritime Trade
02/06/2021
Banks facilitating transactions involving maritime trade must put in place systems and processes to detect illicit activity that could result in a breach of sanctions regulations.
Securities / Derivatives
ASIC Outlines Expectations on Activist Short Selling
02/06/2021
Activist short selling can have a positive impact on market integrity, however it can also unduly distort the price of a target entity’s securities, ASIC says.
AML / KYC
Interpol Concludes APAC Operation Targeting Online Financial Crime
02/06/2021
The six-month operation led to 585 arrests, more than 1,600 bank account freezes, and the interception of USD 83 million in illicit funds.
Capital / Liquidity
HKMA Considers Regulating Mortgage Lending by Nonbanks
01/06/2021
Non-bank institutions such as finance companies and property developers have managed to circumvent the HKMA’s mortgage lending limits.
Capital / Liquidity
PBOC Tightens FX Market Liquidity to Curb Speculation
01/06/2021
The PBOC has raised the RRR for foreign currency deposits for the first time in 14 years and asked enterprise and FIs not to engage in FX speculation.
Market Infrastructure
MAS Issues Consultation Response on Credit Reporting Regulations
01/06/2021
Licensed credit bureaus will be required to establish a Code of Conduct and comply with requirements on technology risk management and cyber security.
Capital / Liquidity
RBI Warns Banks to Prepare for Higher Provisioning
31/05/2021
Banks will need to closely monitor their asset quality in the coming quarters, the RBI said in its annual report.
Securities / Derivatives
MAS Raises Focus on Fund Liquidity Risk Practices
31/05/2021
MAS wants funds to increase the frequency of liquidity risk monitoring and to extend reporting of significant redemptions to non-retail funds.
Securities / Derivatives
CBIRC Finalises Rules on the Sale of Wealth Management Products
30/05/2021
The rules take effect from 27 June, with a new six-month transition period before full compliance is required.
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