Manesh Samtani
Manesh manages the news desk and serves as an editor at Regulation Asia. He covers regulatory changes across Asia Pacific that impact banking, capital markets, asset management, and financial services more generally. Manesh is a former trader and investment consultant with a degree in Finance and Banking. manesh@regulationasia.com
Articles by Manesh Samtani
Big Picture
FSB Urges Jurisdictions to Advance Bank Resolution Planning Efforts
18/11/2024
The 2023 bank failures underscored that “any financial institution” could be systemically significant or critical if it fails.
ESG / Sustainability
IAASB Releases Final Sustainability Assurance Standard, ISSA 5000
14/11/2024
IOSCO declared its support for ISSA 5000. IAASB Chair Tom Seidenstein called on policymakers and practitioners to start adopting the standard.
Fintech / Regtech
HK SFC Sets Expectations on Use of GenAI Language Models
14/11/2024
Licensed corporations intending to adopt GenAI language models in “high-risk use cases” are asked to discuss their plans with the SFC first.
ESG / Sustainability
New Zealand XRB Adopts Proposals to Ease Climate Reporting Burden
13/11/2024
One of the approved amendments will allow an optional one-year delay for assurance of scope 3 GHG emissions disclosures, in recognition of current data challenges.
AML / KYC
China Approves Passage of Revised Anti-Money Laundering Law
13/11/2024
The revised law takes effect on 1 January 2025, strengthening FIs’ AML obligations, increasing penalties for breaches, and enabling China to introduce its own high-risk country list.
Securities / Derivatives
IOSCO Updates Fund Liquidity Risk Management Recommendations
12/11/2024
The proposed updates emphasise the need for open-ended funds to implement anti-dilution and quantity-based liquidity management tools in both normal and stressed market conditions.
ESG / Sustainability
HKMA Urges Banks to Adopt and Support GreenTech
11/11/2024
Carmen Chu said the HKMA will soon publish an adoption practice guide outlining how Greentech can help FIs achieve their sustainability targets.
Sanctions
Sanctions Landscape Expected to Shift Under Trump Presidency
11/11/2024
President-elect Donald Trump is expected to take a stronger stance against Iran, and to try to use sanctions to negotiate an end to the Russia-Ukraine war.
Securities / Derivatives
Korea Launches New ‘Value Up’ ETF and ETN Products
11/11/2024
KRX and four other organisations have also launched a KRW 100 billion fund to invest in the new exchange-traded products and their constituent stocks.
Securities / Derivatives
Chinese Exchanges, Deutsche Börse Sign MoUs on Depositary Receipts
10/11/2024
The MOUs will facilitate the implementation of depositary receipts linkages between Shanghai/Shenzhen and Germany.
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