
Manesh Samtani is Editor at Regulation Asia, where he leads the editorial and research teams from Hong Kong. His work examines how regulatory change and technology are reshaping banking and financial markets, with a particular focus on digital assets, financial crime and sanctions. Manesh is a former securities industry practitioner and holds a bachelor's degree in finance and banking. manesh@regulationasia.com

Emerging Prudential Risks
Collateral Use Can Introduce Financial Stability Risks: BIS Officials
12/07/2023
Using collateral reduces incentives for borrower screening and monitoring and can undermine the safe haven status of government securities.

Structural Regulation
UK to Reverse MiFID II Research Unbundling Rules
12/07/2023
The move is aimed at enhancing the appeal of the UK’s financial services sector and foster a more vibrant and competitive research environment.

Cryptocurrency
GDF Finalises Standards for Global Cryptoasset Market
11/07/2023
Similar to the FX Global Code, the Standards include a “Statement of Commitment” form, allowing market participants to voluntarily sign up.

Capital Adequacy
US Fed Proposes Stricter Capital Rules for Major Banks
11/07/2023
Michael Barr said the proposed changes would not be fully effective for “some years” because of the rulemaking process and the transition period provided.

Credit Risk
Korean Authorities Work to Ease Concerns After Bank Run
10/07/2023
The FSC established a crisis response team late last week in response to a bank run at a major credit cooperative.

CBDCs
BIS Issues Security and Resilience Framework for CBDC Systems
10/07/2023
The framework offers a seven step model to guide central banks in designing, implementing and operating secure and resilient CBDC systems.

Resolution & Recovery
FSB to Conduct “In-depth” Review of G-SIB Resolution Framework
07/07/2023
FSB members also approved the high-level recommendations for crypto-assets and stablecoins, which will be submitted to the G20 for endorsement this month.

Emerging Prudential Risks
BCBS Proposes Revisions to Core Principles for Effective Banking Supervision
06/07/2023
The amendments cover a wide range of topics, addressing climate, digitalisation, interest rate risk, cyber risk, counterparty credit risk, and bank culture.

Liquidity Risk
FSB, IOSCO Propose Tighter Rules for Open-ended Funds
06/07/2023
The FSB and IOSCO are calling for greater and more consistent use of anti-dilution liquidity management tools in open-ended funds, such as swing pricing.

Credit Risk
Model Risk Heightened in Current Credit Environment: BCBS
05/07/2023
Model and data limitations are making it more difficult for banks to capture credit quality deterioration, which may lead to higher future bank losses and capital inadequacy, the BCBS says.
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