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
Cryptocurrency
MAS to Introduce More Comprehensive Rules for Crypto Sector
19/07/2022
MAS will share its strategy for developing Singapore as a digital asset hub in August. New rules for crypto will be proposed in September or October.
Climate Risk
IMF Outlines Approaches to Climate Risk Analysis in FSAPs
18/07/2022
Climate risk analysis in FSAPs typically entails the development of scenario-based stress tests for assessing bank solvency and liquidity, using bank level data.
Capital Adequacy
BCBS Treatment of Banks’ Crypto Exposures Still Constraining: ISDA
18/07/2022
ISDA chief executive Scott O’Malia says the new group 2 exposure limit presents a “significant constraint” on the extent to which banks can participate.
Cryptocurrency
Thailand Refines Rules for Crypto Firms, Issues Draft Rules for Banks
15/07/2022
The SEC amended capital requirements and other rules for crypto firms. The BOT issued draft rules for banks dealing in crypto. Two crypto exchanges were penalised.
Anti-Money Laundering
GCFFC Offers Recommendations on Improving AML Effectiveness
12/07/2022
PPPs could benefit from the FATF providing a clearer endorsement of their benefits within the global framework, the paper says.
Anti-Money Laundering
Hong Kong Publishes ML/TF Risk Assessment Report
12/07/2022
The most prominent ML threats to banks come from fraud, corruption and tax crimes. The main ML threats to the crypto sector relate to fraud and theft.
Credit Risk
HK Banks Must ‘Fully’ Participate in New Credit Reference Platform
11/07/2022
The new platform, expected to be launched by year-end, will serve as an interface for lenders and CRAs to share consumer credit information.
KYC & CDD
No Specific Customer Type is Automatically Higher Risk: US Agencies
09/07/2022
Banks should use a risk-based approach when managing customer risk, and not decline to provide banking services to entire categories of customers.
Cybersecurity
GLEIF Launches vLEI Issuer Qualification Programme
07/07/2022
The vLEI is a digital version of the LEI which can be securely verified online against the source information held in GLEIF’s data repository.
PEPs & Sanctions
Crypto Industry Seeks Public Sector Support on Sanctions Issues
06/07/2022
More than 15 million crypto addresses have been linked to criminal activity with a nexus in Russia, a new GDF report says.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.