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
Securities / Derivatives
China Lawmakers Commence Review of New Futures Law
28/04/2021
The law will stipulate rules for futures trading, settlement and delivery systems, establish investor protection mechanisms, and include netting provisions.
AML / KYC
HKMA Offers Guidance on Combatting Covid-19 Related Fraud, AML
26/04/2021
The guidance emphasises the use of data from internal and external sources, proactive data analysis and information sharing to tackle emerging AML risks.
Capital / Liquidity
ECB Identifies Internal Model Deficiencies at Big Banks
25/04/2021
The changes to correct the deficiencies will result in an overall absolute increase in risk-weighted assets of about EUR 275 billion.
Enforcement
ASIC Seeks Feedback on New Breach Reporting Guidance
23/04/2021
The draft regulatory guide provides clarification on what constitutes a reportable situation under the upcoming breach reporting reforms.
AML / KYC
BaFin Files Criminal Complaint Against Deutsche Bank Exec
23/04/2021
Alexander Schütz is suspected of using inside information to trade Wirecard shares. A separate probe into EY’s audits of Wirecard is continuing.
Market Infrastructure
HKMA Directs Banks to Prepare for OpRisk Rule Updates
22/04/2021
The HKMA plans to revise its SPM module on Operational Risk Management to incorporate elements of the revised PSMOR issued by the BCBS.
ESG / Sustainability
APRA Issues Draft Guidance on Climate-related Financial Risk
22/04/2021
The consultation says institutions and boards may face liability risks if they do not adequately consider or respond to the impacts of climate change.
AML / KYC
ABN Amro to Settle Dutch AML Probe for €480m
22/04/2021
ABN Amro conducted inadequate client due diligence, assigned risk classifications in an incorrect manner, and fell short in alert processing, among other failures.
ESG / Sustainability
PBOC Announces Additional Measures on Climate
21/04/2021
The PBOC will allocate more green bonds to China’s foreign exchange reserves. A new catalogue of projects that are eligible for green bond issuance has been issued.
Market Infrastructure
StanChart Commits to Cutting Emissions in Shipping Portfolio
21/04/2021
Standard Chartered has joined 25 other signatories to the Poseidon Principles, a global framework that targets carbon emission cuts in the shipping industry.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.