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
AI Risk & Governance
HKMA Outlines Three Year Roadmap for Suptech Adoption
20/06/2021
The HKMA will explore the potential conversion of regulations into machine-executable codes and the introduction of a system that automatically creates regulatory reports.
Capital Adequacy
RBNZ Finalises 7-Year Roadmap for Higher Bank Capital
18/06/2021
The minimum total capital requirement for banks will increase 9% from 1 July 2024. Banks will also be expected to hold a ‘Prudential Capital Buffer’.
Trading & Investment
Hong Kong-Thailand Mutual Recognition of Funds Takes Effect
17/06/2021
Hong Kong’s SFC and Thailand’s SEC say the MRF scheme has taken effect. Both have issued new guidance on obtaining authorisation under the scheme.
Anti-Money Laundering
FATF Framework Can Better Support Financial Inclusion: RUSI
16/06/2021
There are insufficient incentives within the framework to ensure the FATF Standards are implemented in a way that supports inclusion.
Structural Regulation
BIS Innovation Hub Launches Nordic Centre in Stockholm
16/06/2021
The Nordic Centre was opened in collaboration with the central banks of Denmark, Iceland, Norway and Sweden.
Reporting & Disclosures
Japan: Revised Corporate Governance Code Takes Effect
16/06/2021
The new code seeks to enhance board independence, promote board diversity, and increase attention on sustainability and ESG issues.
Liquidity Risk
CBIRC Issues New Rules for Cash Management Products
16/06/2021
Cash management products are prohibited from investing in stocks, convertible bonds, or any financial instrument rated lower than AA+.
Conduct, Culture & Accountability
China Issues Draft Law Aimed at Improving Audit Practices
16/06/2021
The law prohibits the entities being audited from refusing to provide information, delaying such provision, and submitting false information.
Cybersecurity
Hong Kong Needs New Cybersecurity Legislation: FSDC
16/06/2021
The FSDC recommends the development of legislation to provide legal certainty and protection, clarity on cross-border data transfers, and a framework for accountability.
Data Privacy
China Passes Data Security Law, Effective in September
15/06/2021
Companies that provide data to foreign judicial or law enforcement agencies without approval can have their business licences revoked and be penalised up to CNY 5 million.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.