
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
Operational Risk
Myanmar Banks Reopen Amid Military-led State of Emergency
02/02/2021
Some foreign banks have launched emergency safety measures, ordering employees to stay at home or halting operations indefinitely.
Market Abuse
Regulators, Lawmakers Express Concerns Over GameStop Trading
01/02/2021
Regulators from the US to the UK and Malaysia have issued statements expressing concerns over the heightened volatility seen in the US market over the past week.
Liquidity Risk
UPDATED – PBOC Withdraws Liquidity to Contain Financial Risks
31/01/2021
The PBOC is seeking to reduce excess leverage in the financial system to address concerns of potential medium and long term economic and financial risks.
CBDCs
More Central Banks Advancing CBDC Work: BIS Report
29/01/2021
CBDCs need to be linked to a digital identity in order to be useful in achieving financial inclusion, said BIS general manager Agustín Carstens.
AI Risk & Governance
ASIC Sheds Light on Regtech Initiatives in New Report
28/01/2021
The report highlighted the importance of good data governance, skilled data-literate staff, and human review and input when implementing regtech applications.
Emerging Prudential Risks
BigTechs in Finance Needs More Comprehensive Regulatory Approach
28/01/2021
Rules for designating financial institutions as systemically important should be redefined so they can be applied to BigTech entities, says Agustín Carstens.
Sustainable Finance
Policy Rethink Needed to Promote Green Finance Development in India
27/01/2021
India needs a policy framework that addresses existing frictions at both the national and state levels, says a new paper from the RBI.
Capital Adequacy
PBOC, CBIRC Approve New Capital Raising Tool for Banks
26/01/2021
While small banks face acute funding needs, larger banks and G-SIBs will similarly have to bolster capital to address rising NPLs and incoming regulatory requirements.
Structural Regulation
Higher Profit Requirement for IPOs Will Hurt Hong Kong
25/01/2021
Consultation responses suggest that HKEX’s proposal to raise the profit requirement for Main Board listing IPOs will drastically reduce its competitiveness.
Anti-Money Laundering
Anti-Money Laundering a Priority for Incoming Treasury Secretary Yellen
24/01/2021
Incoming Treasury Secretary Janet Yellen thanked Congress for passing the AMLA, widely considered to be the most significant overhaul of AML legislation in the US since 2001.
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