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
MAS, ABS Offer Guidance on Managing Remote Working Risks
02/03/2021
The paper looks at possible risks to FIs in the areas of operations, technology, information security, fraud, staff misconduct, among others.
AML / KYC
FATF Releases Draft Guidance on Proliferation Financing Risk
02/03/2021
The FATF is seeking feedback on the guidance from financial institutions and DNFBPs and will revise the text ahead of June 2021 discussions.
Securities / Derivatives
Hang Seng Index to Expand Constituency to 100 Stocks
02/03/2021
The changes will be implemented starting from the May 2021 index review and effective in the June 2021 index rebalancing.
Big Picture
Covid Bankruptcies Could Result in $1tr in Credit Losses: BIS
01/03/2021
Corporate bankruptcies are expected to rise as credit support measures are wound back, some sectors downsize, and firms run out of liquidity buffers.
Australia Passes Bill to Recover ‘Lost’ Superannuation for Members
01/03/2021
Accounts transferred from Eligible Rollover Funds to the ATO will be proactively reunited with members’ superannuation accounts within 28 days.
AML / KYC
OECD Calls for Global Crackdown on ‘Professional Enablers’
27/02/2021
The OECD says each jurisdiction should implement a national strategy to deal with lawyers, notaries, accountants, and FIs that facilitate tax evasion, bribery and corruption.
AML / KYC
FATF Concludes Second Plenary Under German Presidency
26/02/2021
The FATF has finalised guidance on risk-based supervision, terrorist financing, and arms trafficking, as well as draft guidance on proliferation financing, and virtual assets.
Market Infrastructure
New Initiatives Announced to Promote Hong Kong Capital Market
25/02/2021
Paul Chan spoke of measures to boost green bond issuance, launch southbound Bond Connect, expand Stock Connect, and subsidise REITs, fund managers and family offices coming to Hong Kong.
Securities / Derivatives
Hong Kong to Increase Stamp Duty on Stock Transactions
24/02/2021
The decision is estimated to raise trading costs by 6-15 percent, depressing trading volumes and squeezing HKEX’s earnings per share by 3-7 percent.
Big Picture
Australia On Track for Smooth IBOR Transition: S&P Global
24/02/2021
Like other jurisdictions, AONIA does not yet have an established term market, however banks and corporates can reference the three-month BBSW where a term rate is needed.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team