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
Livi Bank Announces Launch of Virtual Banking Services
11/08/2020
Livi Bank, backed by BOCHK, JD Digits and Jardine Matheson, has become the fourth virtual bank to open to the public in Hong Kong.
Credit Risk
Decisions on Exiting Regulatory Relief Present Financial Stability Risk
11/08/2020
As long as regulatory relief measures remain in the prudential framework, credit risks will continue to mount on bank balance sheets, presenting risks to financial stability.
Structural Regulation
Japan Proposes Mid-2021 Cut-off on New LIBOR Loans, Bonds
10/08/2020
Feedback is sought on fallbacks for cash products referencing JPY LIBOR. Under the plan, issuance of new LIBOR based loans and bonds will cease by mid-2021.
PEPs & Sanctions
US Sanctions 11 Chinese, Hong Kong Officials
08/08/2020
The HKMA says unilateral sanctions imposed by foreign governments have “no legal status” in Hong Kong and banks should endeavour to treat customers fairly.
Operational Risk
BCBS Proposes Principles to Promote Operational Resilience at Banks
06/08/2020
The principles aim to increase bank resilience to operational risk shocks, such as those arising from pandemics, cyber incidents, technology failures and natural disasters.
Conduct, Culture & Accountability
SGX RegCo to Enhance Enforcement, Whistleblowing Frameworks
06/08/2020
The proposed enforcement framework will seek to achieve swifter outcomes from the disciplinary process. Whistleblowing policies will become mandatory for listed issuers.
Trading & Investment
APAC Firms Lag in IBOR Transition Preparation – Report
05/08/2020
Apart from G-SIBs operation in the region, APAC firms are not prepared for the transition away from IBORs, according to a new report from Sia Partners.
Structural Regulation
Regulatory Fragmentation in Markets Undermines Economic Recovery
05/08/2020
Fragmentation introduces distortions and inefficiencies, undermining financing when it is needed to facilitate the recovery from Covid-19, ASIFMA says in a new report.
Anti-Money Laundering
MAS Issues Guidance on AML/CTF Enterprise-wide Risk Assessments
04/08/2020
Financial institutions are directed to study the guidance to identify and address gaps in their EWRA frameworks and processes.
Structural Regulation
MAS Awards StanChart Special Privileges for ‘Significant Rootedness’
04/08/2020
The regulator also has plans to allow certain banks that are significantly rooted in Singapore to obtain full bank licences and set up digital-only subsidiaries.
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