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
BaFin Files Criminal Complaint Against Deutsche Bank Exec
23/04/2021
Alexander Schütz is suspected of using inside information to trade Wirecard shares. A separate probe into EY’s audits of Wirecard is continuing.
Market Infrastructure
HKMA Directs Banks to Prepare for OpRisk Rule Updates
22/04/2021
The HKMA plans to revise its SPM module on Operational Risk Management to incorporate elements of the revised PSMOR issued by the BCBS.
ESG / Sustainability
APRA Issues Draft Guidance on Climate-related Financial Risk
22/04/2021
The consultation says institutions and boards may face liability risks if they do not adequately consider or respond to the impacts of climate change.
AML / KYC
ABN Amro to Settle Dutch AML Probe for €480m
22/04/2021
ABN Amro conducted inadequate client due diligence, assigned risk classifications in an incorrect manner, and fell short in alert processing, among other failures.
ESG / Sustainability
PBOC Announces Additional Measures on Climate
21/04/2021
The PBOC will allocate more green bonds to China’s foreign exchange reserves. A new catalogue of projects that are eligible for green bond issuance has been issued.
Market Infrastructure
StanChart Commits to Cutting Emissions in Shipping Portfolio
21/04/2021
Standard Chartered has joined 25 other signatories to the Poseidon Principles, a global framework that targets carbon emission cuts in the shipping industry.
ESG / Sustainability
CSRC Announces Launch of Guangzhou Futures Exchange
21/04/2021
The GFEX will develop carbon futures, and also explore electricity futures, climate-related products, commodities index futures and other “green-linked” commodities.
Capital / Liquidity
HKMA Issues Guidance on Govt Guaranteed Personal Loans
20/04/2021
Lenders should not take any actions which tighten credit to borrowers on knowledge of their application for PLGS loans.
Market Infrastructure
FMSB Offers Guidance on Transitioning LIBOR Back Book
20/04/2021
The Spotlight Review examines back book transition complexities through practical case studies and sets out key considerations for managing the associated risks.
Market Infrastructure
Japan Sets End Date for New JPY LIBOR Interest Rate Swaps
20/04/2021
New interest rate swaps referencing JPY LIBOR and maturing after the end of 2021 should cease by end-September 2021.
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