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
Cybersecurity
GFMA Publishes Common Approach for Cyber Penetration Testing
05/04/2018
New penetration testing framework establishes process for industry-wide cross-jurisdictional coordination on development and use of existing frameworks.
Anti-Money Laundering
New Rules for Australian Crypto Exchanges Take Effect
05/04/2018
Exchanges must register with AUSTRAC, adopt AML/CTF programme, verify customer identities, report suspicious transactions, maintain seven years of records.
Liquidity Risk
Bangladesh Grants Lifeline to Private Banks Amid Liquidity Crisis
03/04/2018
Government cuts cash reserve requirement to free up 100 billion takas, allows state agencies to boost deposits at private commercial banks.
Cryptocurrency
Report Suggests China May Support Global Crypto Regulation
03/04/2018
PBOC’s Institute of International Finance says China would actively participate in a G20-led effort to establish a global regulatory framework.
Cybersecurity
Malaysia Foils Cyber Attack Involving Falsified SWIFT Messages
01/04/2018
Unauthorised transactions were prevented by central bank, no financial losses occurred; near breach prompts increased vigilance in the Philippines.
Cryptocurrency
Thailand Finalises Cryptocurrency Tax Framework
30/03/2018
Cryptocurrency trades to be subject to 7 percent value added tax and 15 percent capital gains tax; fintech association chair says move may drive startups overseas.
Conduct, Culture & Accountability
Royal Commission Exposes Multiple Lending Practice Failures at Big Four
29/03/2018
Public inquiry’s first round of hearings reveals multiple failures at ‘big four’ banks to lend in customers’ best interests.
Clearing & Post-Trade
BOJ-ECB Study Identifies DLT Applications for Securities Settlement
29/03/2018
Project Stella phase two study suggests distributed ledger technology offers novel approach for cash settlement of securities, but requires further study.
Trading & Investment
China Launches Crude Oil Futures
27/03/2018
Foreign investors allowed to participate in China’s futures market for the first time; foreign currencies to be used for margin deposits to facilitate foreign participation.
Anti-Money Laundering
S.Korea to Inspect Banks’ Crypto Dealings for AML Compliance
26/03/2018
FSS and KoFIU will check on implementation progress of AML guidelines; examine corporate accounts belonging to crypto exchanges.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.