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
FATF Issues Draft Guidance on Digital Identity Systems
31/10/2019
The draft guidance analyses the use, reliability and independence of digital ID systems, and looks at how they can meet FATF requirements around customer due diligence.
AML / KYC
US Agrees to $700mn Settlement with 1MDB Financier Jho Low
31/10/2019
The proposed settlement would resolve civil forfeiture cases tied to Low, but does not release him from other criminal charges. Low gets to keep $15mn to pay his lawyers.
Market Infrastructure
A Liquid Global Swaps Market Relies on Deference: CFTC’s Quintenz
29/10/2019
Market fragmentation poses serious risks to the liquidity and health of the derivatives markets, said CFTC commissioner Brian Quintenz at the ISDA Annual Japan Conference.
Market Infrastructure
BOJ Warns of Financial Risks from Easy Lending, CLO Exposures
25/10/2019
The BOJ warns of a buildup of risks from lending to “low-return borrowers”, delayed loan restructuring, and overseas exposures to leveraged loans and CLOs.
Big Picture
Effective Governance, Regulation Can Mitigate Cyber Risk: Moody’s
25/10/2019
Regulators can help to mitigate the cyber threat by promoting contingency planning in banking and enabling information sharing among banks and regulators.
Market Infrastructure
Australia: Smaller Institutions, Buy Side Less Prepared for Libor Cessation
24/10/2019
Existing Libor-referencing contracts that don’t have robust fallback provisions in place will be tied up in very lengthy disputes, warned the RBA’s Christopher Kent at ISDA’s Australia Conference.
Enforcement
IPO Sponsors, Underwriters Are ‘Guardians of Market Quality’: SFC
22/10/2019
The SFC expects sponsors to conduct sufficient due diligence to properly understand and assess the companies seeking to be listed, and to ensure red flags are properly followed up.
Market Infrastructure
ISDA Publishes Final Results of IBOR Pre-Cessation Consultation
22/10/2019
The consultation did not yield a consensus among market participants regarding how to address pre-cessation issues related to a benchmark’s nonrepresentativeness.
Market Infrastructure
HKMA, Hong Kong Banks Pledge Leniency for SME Borrowers
17/10/2019
Nine major Hong Kong banks have pledged to help SME customers that encounter financial difficulties by adopting accommodative lending policies.
AML / KYC
Technology Offers New Means to Fight Financial Crime: MAS
17/10/2019
At the ICA’s 2nd Annual APAC Conference this week, MAS assistant managing director Loo Siew Yee talked about the new techniques being used to improve AML/CFT detection and risk mitigation.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team