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
Leveraging Data & Tech in Financial Crime Compliance
14/09/2020
The pandemic has been an agent for accelerated change in operational and frontline functions. Financial crime compliance teams need to get in on the act.
Enforcement
SFC Issues Statement on Alleged Manipulation of Next Digital Shares
14/09/2020
The SFC does not explicitly say whether it is investigating Next Digital trading activity or whether a request for assistance was received from police ahead of last week’s arrests.
Fintech / Regtech
HSBC to Scrap More Fees for Hong Kong Retail Customers
13/09/2020
A recent sequence of measures to shift to lower-cost, digital-first services for SME and retail customers is largely seen as a response competition from the new virtual banks.
ESG / Sustainability
CFTC Report Warns of Systemic Risks from Climate Change
10/09/2020
The report calls on financial regulators to move “urgently and decisively” to measure, understand, and address the risks climate change poses to the US financial system.
Market Infrastructure
MAS Finalises Individual Accountability and Conduct Guidelines
10/09/2020
Financial institutions are expected to strengthen senior manager accountability and promote a culture of ethical behaviour. The guidelines take effect on 10 September 2021.
Market Infrastructure
MAS to Intensify Supervisory Engagement to Drive SORA Transition
09/09/2020
In an ABS virtual roundtable, MAS deputy managing director Jacqueline Loh spoke of a three-pillar approach to support a smooth transition from SOR to SORA.
Fintech / Regtech
Mox Bank Launches Virtual Banking Services in Hong Kong
09/09/2020
Mox Bank, backed by Standard Chartered, PCCW, HKT and Ctrip Financial, is first opening accounts for its 20,000 pre-registrants before it opens to the rest of the public.
Capital / Liquidity
RBI Issues Draft Rules on Variation Margin Exchange
08/09/2020
The rules are applicable to India-regulated financial firms, IFSC banking units, and FPIs with non-cleared derivatives exceeding 500bn rupees.
Fintech / Regtech
HKMA Directs Banks to Enhance Digital Lending Disclosures
07/09/2020
Digital lending platforms have 12 months to enhance disclosures and transparency to ensure borrowers are made to understand the implications of their borrowing decisions.
Securities / Derivatives
S. Korea to Create $16.8bn ‘New Deal’ Fund Over 5 Years
07/09/2020
The government will act as a subordinate investor, meaning that it (namely, taxpayers) will absorb up to 10 percent of any possible losses first.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team