Manesh Samtani

    image

    Manesh manages the news desk and serves as an editor at Regulation Asia. He covers regulatory changes across Asia Pacific that impact banking, capital markets, asset management, and financial services more generally. Manesh is a former trader and investment consultant with a degree in Finance and Banking. manesh@regulationasia.com

    Articles by Manesh Samtani

    Capital / Liquidity

    Japan, China Urge EU Regulators to Relax Foreign D-SIB Rules

    16/04/2018

    Joint letter from Japan, China banking associations say €30bn IPU threshold will make provision of financial services in the EU unsustainable for member banks.

    Enforcement

    S.Korea Launches Bribery Probe into New FSS Chief

    15/04/2018

    Prosecutors on Friday raided KRX and Woori Bank, two of the institutions that allegedly paid for Kim Ki-sik’s 2014 an 2015 overseas trips.

    Enforcement

    Samsung Securities Dividend Error Prompts Industry Wide Probe

    12/04/2018

    The firm mistakenly paid out dividends worth 33 times its market cap; FSS will inspect how unauthorised ‘ghost stocks’ were sold by employees.

    Market Infrastructure

    CPMI-IOSCO Issues Technical Guidance on OTC Derivatives Data

    12/04/2018

    Guidance excludes UTI and UPI standards, includes parameters for how data should be reported rather than specific regulatory requirements.

    AML / KYC

    Japan Proposes Regulatory Framework to Legalise ICOs

    09/04/2018

    Government-backed research group proposes rules for identifying investors, preventing money laundering and protecting equity and debt holders.

    Crypto / Digital Assets

    India Bars Banks from Cryptocurrency Dealings

    07/04/2018

    Reports suggest banks will have three months to comply; central bank meanwhile explores feasibility of state-backed digital currency.

    Enforcement

    New Chief of S.Korea’s FSS Targets Bank Profiteering from Predatory Lending

    05/04/2018

    New FSS chief to protect investors and root out irregularities by targeting predatory lending, bank profit structures, family-run conglomerates.

    Fintech / Regtech

    GFMA Publishes Common Approach for Cyber Penetration Testing

    05/04/2018

    New penetration testing framework establishes process for industry-wide cross-jurisdictional coordination on development and use of existing frameworks.

    AML / KYC

    New Rules for Australian Crypto Exchanges Take Effect

    05/04/2018

    Exchanges must register with AUSTRAC, adopt AML/CTF programme, verify customer identities, report suspicious transactions, maintain seven years of records.

    Capital / Liquidity

    Bangladesh Grants Lifeline to Private Banks Amid Liquidity Crisis

    03/04/2018

    Government cuts cash reserve requirement to free up 100 billion takas, allows state agencies to boost deposits at private commercial banks.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team