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
Market Infrastructure
Credit Sensitive Alternatives to RFRs Have Limited Durability: Bailey
17/05/2021
Non-financial borrowers may not want their cost of borrowing to be driven by thin liquidity in CP and CD markets, says BOE governor Andrew Bailey.
Market Infrastructure
MAS to Expand Scope of Mandatory Reference Check Regime
16/05/2021
MAS proposes to expand the scope of FIs and employees subject to the mandatory reference checking regime. FIs will have to maintain records for all employees.
Fintech / Regtech
HKMA Sets Out Next Steps to Implement Open API Framework
13/05/2021
Phase 3 and 4 API functions will be implemented progressively by 28 participating banks starting from December 2021, the HKMA says.
ESG / Sustainability
SEBI Enhances Sustainability Reporting Rules for Listed Entities
12/05/2021
The new Business Responsibility and Sustainability Reports will contain disclosures relating to ESG risks, sustainability performance, environmental metrics, and social factors.
AML / KYC
MAS Consults on Proposed AML Notices for Foreign Offices, FRCs
12/05/2021
MAS seeks comment on four notices, which contain requirements on record-keeping, internal policies, and the provision of records to MAS upon request.
Market Infrastructure
Australia’s Financial Sector Welcomes 2021‑22 Budget Initiatives
12/05/2021
The measures include an FMI reform package, relief for foreign financial service firms, changes to the superannuation system, and a new commencement date for the CCIV regime.
Market Infrastructure
DSB Launches Second Consultation on UPI Fee Model
12/05/2021
The consultation covers UPI data access mechanisms, file download timing, user fees, a proposed contingency fund, cost allocation, invoicing, and capex amortisation.
Securities / Derivatives
CSRC Adds Environment & Social Responsibility to Disclosure Rules
12/05/2021
A new chapter on environmental and social responsibility has been added to the disclosure rules for publicly listed companies. The consultation is open until 7 June.
AML / KYC
Malaysia Files 22 Civil Suits to Recover 1MDB Losses
11/05/2021
Among those named in the lawsuits are Deutsche Bank, Coutts, JPMorgan, former prime minister Najib Razak, and Malaysian financier Jho Low.
Capital / Liquidity
APRA Consults on Additional Revisions to Capital Rules
10/05/2021
In an October 2019 consultation, APRA proposed that banks would have to hold more capital against equity investments in large subsidiaries.
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