Manesh Samtani
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
Capital / Liquidity
State Council Approves Rules for Financial Holding Companies
07/09/2020
Based on last year’s consultation, non-financial enterprises that control financial sector businesses will need a licence to operate financial holding companies.
Capital / Liquidity
HKEX Enhances Capital-based Position Limits for Options, Futures
07/09/2020
SEOCH and HKCC clearing participants can apply to increase their capital-based position limits, provided they meet a set of criteria.
Enforcement
US SEC Launches Fraud Probe into Chinese Edutech Firm
06/09/2020
Reports first emerged in February alleging that up to 80% of GSX Techedu users are fake, evidenced by attendance data, server records, and admissions by former employees.
Enforcement
FINMA Launches Enforcement Proceedings Against Credit Suisse
06/09/2020
The proceedings relate to violations identified by a FINMA-appointed auditor in relation to Credit Suisse’s observation and security activities, and how these activities are documented and controlled.
Securities / Derivatives
MAS Best Execution Requirements to Take Effect in March 2022
04/09/2020
Following from a November 2017 consultation paper, MAS has set an 18-month transitional period for Singapore financial firms to comply with best execution requirements.
Market Infrastructure
UOB Issues First Dual Tranche SORA-SOFR Loan for CapitaLand
04/09/2020
UOB and CapitaLand aim to enhance market confidence in adopting SORA and help accelerate the transition away from SOR, in line with MAS objectives.
Capital / Liquidity
MAS to Launch SGD Liquidity Facility, Enhance USD Facility
03/09/2020
The enhancements will fortify the resilience of Singapore’s banking sector and financial markets, and enable banks to continue to support the needs of businesses and individuals.
Capital / Liquidity
HKMA Extends Principal Payment Holiday Scheme Six Months
03/09/2020
Loan principal payments of eligible corporate customers falling due between November 2020 and April 2021 will be deferred by six months. Trade loans will be deferred by 90 days.
Securities / Derivatives
SFC to Enhance OFC Regime to Level Playing Field
02/09/2020
The SFC will remove investment restrictions, expand custodian eligibility requirements, and introduce a statutory re-domiciliation mechanism.
Crypto / Digital Assets
SGX to Launch Crypto Indices as Part of iEdge Index Suite
01/09/2020
The first batch of new crypto indices will track Bitcoin and Ethereum, and are expected to drive exposures to digital assets in Asia.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team