Manesh Samtani

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    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

    Market Infrastructure

    NZ Banking Conduct, Culture Review Finds ‘Significant Weaknesses’

    05/11/2018

    But conduct and culture issues do not appear to be widespread at banks in New Zealand, the FMA and RBNZ said, citing only ‘a small number of issues’ related to poor conduct by bank staff.

    Enforcement

    APRA Gets A$60mn in New Funding, Byres 5-Year Reappointment

    05/11/2018

    Following Royal Commission findings that APRA never took a financial institution to court, the agency said it needed more funding to take a more aggressive enforcement approach.

    Crypto / Digital Assets

    Hong Kong Targets Investor Protection in New Approach to Crypto Regulation

    02/11/2018

    The SFC will bring crypto-asset portfolio managers, fund distributors and eventually exchanges under its regulatory net, said Ashley Alder at Hong Kong Fintech Week.

    Fintech / Regtech

    HKMA Launches Blockchain-based Trade Finance Platform ‘eTradeConnect’

    01/11/2018

    Launched at Hong Kong Fintech Week, eTradeConnect improves trade efficiency by automating trade finance processes using blockchain technology.

    Big Picture

    European Firms Will Have Access to UK Clearing in No-Deal Brexit

    01/11/2018

    European traders will temporarily be able to use UK derivatives clearing services even without a Brexit deal in place, according to the European Commission’s Valdis Dombrovskis.

    Market Infrastructure

    Singapore Leads Asia Pacific in Open Banking Readiness

    01/11/2018

    In APAC, Singapore is the most prepared for open banking, followed by Australia and Hong Kong, according to Finastra’s ‘Open Banking Readiness Index’.

    Market Infrastructure

    Hong Kong-UK Mutual Funds Recognition Hits a Snag

    31/10/2018

    A number of Hong Kong unit trusts are not eligible to be sold in the UK, where regulations require an independent trustee or custodian, according to a Fund Selector Asia report.

    Capital / Liquidity

    Changes to Address Bad Behaviour at Banks Will Improve Resilience – RBA

    30/10/2018

    Australian banks are more resilient following post-GFC reforms. But changes to address culture and conduct issues will increase resilience further, says RBA asst governor Michele Bullock.

    Securities / Derivatives

    S. Korea Scales Up Stabilisation Fund as Market Hits 22-Month Low

    30/10/2018

    The 500 billion won fund will start investing in the KOSDAQ from November. Separately, market participants will establish an emergency monitoring system to better respond to instability.

    Securities / Derivatives

    China Relaxes Rules on Stock Buybacks to Support Market

    30/10/2018

    Over 750 listed companies have since announced stock buybacks, including Ping An Insurance Group, which plans to buy back $15.8 billion of its outstanding shares.

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