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
Payments & Settlements
Thailand, Indonesia Pilot Cross-border QR Payment Link
17/08/2021
The full commercial launch will take place in Q1 2022. Indonesia has separately also launched a national open API payment standard.
AI Risk & Governance
OECD Offers Policy Advice for Regulating AI in Financial Services
17/08/2021
Among the recommendations are the introduction of suitability requirements for AI-driven financial services, and add-on capital buffers based on AI algorithms.
Structural Regulation
HKEX Publishes Operational Details for New Investor ID Regime
15/08/2021
Market system development and testing will start in Q3 2021 and intermediaries will have to develop their internal systems by the end of Q1 2022.
Climate Risk
Banks Already Pricing Transition Risks in Loans: HKMA
15/08/2021
New research finds that APAC banks are charging ‘brown’ firms a higher lending rate than ‘non-brown’ firms, by around 23 basis points, since the Paris Agreement.
Capital Adequacy
EU Banks Using Window Dressing to Avoid G-SIB Surcharges
13/08/2021
Several EU banks may be purposefully compressing their balance sheets at year-end to lower their G-SIB scores and the associated capital surcharges.
Anti-Money Laundering
HKMA Issues “Mandate” for Innovation in AML/CFT
12/08/2021
The HKMA will launch interactive lab sessions to experiment with new technologies and emerging data analytics techniques, with an initial focus on network analytics and NLP.
Credit Risk
PBOC Scraps Rule Requiring Bond Issuers to Obtain Credit Rating
11/08/2021
Requirements for bonds issued in the interbank market to obtain a credit rating have disincentivised rating agencies from properly disclosing credit risks.
Structural Regulation
SFC Finalises Investor ID, OTC Securities Reporting Regimes
11/08/2021
The investor identification regime is expected to be launched in H2 2022. The securities transactions reporting regime will go live in H1 2023.
Reporting & Disclosures
SGX to Consult on Sustainability Reporting Enhancements “Soon”
10/08/2021
The consultation will seek views on incorporating the TCFD recommendations, specific metrics to improve data comparability, assurance requirements, and board diversity disclosures.
PEPs & Sanctions
Australia to Introduce Magnitsky-style Sanctions Law
08/08/2021
Australia will be able to impose targeted financial sanctions and travel bans against individuals and entities without the need for specific country-based regimes.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.