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
PEPs & Sanctions
US Treasury, DOJ Launch Global Task Force to Target Russian Assets
17/03/2022
FinCEN is meanwhile taking steps to boost cooperation with the FIUs of Australia, Canada, France, Germany, Italy, Japan, New Zealand, the UK , and the Netherlands.
PEPs & Sanctions
MAS Issues Guidance on Russia Sanctions Compliance
17/03/2022
Crypto exchange operators have all been instructed to provide details of their Russia-linked clients to the regulator.
Stablecoins
MAS Guidance on Stablecoins Set to Impact Crypto Firms
15/03/2022
Stablecoins must be treated as DPTs rather than e-money. A new notice specifies a risk warning that must be provided to all customers of DPT services.
PEPs & Sanctions
BIS Suspends Russian Central Bank as UK Adds More Sanctions
11/03/2022
UK adds seven names to its sanctions list. Goldman and JPMorgan to close Russian operations. Russia to nationalise assets of foreign companies.
PEPs & Sanctions
Russia Warns of “Swift” Response to US Energy Import Ban
10/03/2022
EU adds 160 names to sanctions list, extends SWIFT ban to Belarus; New Zealand passes Russia Sanctions Bill. Fitch projects “imminent” sovereign default.
PEPs & Sanctions
US Ramps Up Russia Pressure With Energy Import Ban
09/03/2022
Russian energy will no longer be accepted at US ports and will be phased out in the UK and EU. New sanctions imposed by APAC jurisdictions.
Payments & Settlements
Russian Banks Moving to China UnionPay for Card Issuance
08/03/2022
Visa, Mastercard and American Express have all announced decisions to suspend their operations in Russia due to its invasion of Ukraine.
Trading & Investment
Best Execution Requirements Come into Force in Singapore
08/03/2022
MAS finalised the best execution requirements in September 2020, giving firms an 18-month transitional period for compliance.
PEPs & Sanctions
SGX Issues Directions to Listed Issuers on Sanctions Compliance
08/03/2022
Gazprom’s GDR listing on SGX has been suspended. Issuers are directed to suspend trading if they are subject to sanctions or engaging in sanctioned business dealings with Russia.
PEPs & Sanctions
New Zealand to Pass Russia Sanctions Bill This Week
08/03/2022
The bill will pass “under urgency” this week, to provide further, extensive sanctions on Russia and individuals and companies connected to the Russian government.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.