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
Fintech / Regtech
SFC Clarifies Information Filing Requirements for New Funds Platform
23/10/2024
Fund managers will not be required to file information separately to the IFP’s information portal if they have already filed such information with the SFC.
Crypto / Digital Assets
FSB Chair Updates G20 on Work to Maintain Financial Stability
23/10/2024
The FSB published a report on the financial stability implications of tokenisation and a progress update on the G20 Crypto-Asset Policy Implementation Roadmap.
ESG / Sustainability
HKMA Launches “Action Agenda” to Promote Sustainable Finance
22/10/2024
Under the Sustainable Finance Action Agenda, banks are required to achieve net zero in their operations by 2030, and in their financed emissions by 2050.
Securities / Derivatives
SFC Announces Fast Track Process for Simple Fund Authorisations
22/10/2024
Under FASTrack, the SFC will take up applications within five business days of receipt, and grant authorisation within 10 business days from the take-up date.
Big Picture
FSB Reports on Progress to Enhance Cross-border Payments
22/10/2024
Adoption of the LEI in cross-border payments remains a challenge. Progress toward achieving targets has been limited across wholesale, retail, and remittances.
Capital / Liquidity
New Debtor Protection Act Takes Effect in South Korea
21/10/2024
The new law requires lenders to provide debt workout services to debtors before initiating debt collection, debt transfers or court proceedings.
Fintech / Regtech
FCA Launches “AI Lab” to Support Financial Sector Innovation
20/10/2024
The FCA’s Jessica Rusu said the AI Lab will help firms overcome challenges they face in building and implementing AI solutions.
China to Expand Property ‘White List’ Programme, Expand Funding
18/10/2024
Approved loans for “white listed” projects reached CNY 2.23 trillion by 16 October. MOHURD said financing for such projects would increase to CNY 4 trillion by year end.
Securities / Derivatives
China Launches Two New Facilities to Boost Stock Market
18/10/2024
A new swap facility provides funding for securities firms, funds and insurers to invest in stock. A new relending facility will finance stock repurchases.
AML / KYC
FATF Announces Changes to Grey-Listing Mechanism
18/10/2024
The changes are expected to halve the number of lower income countries that are grey-listed in the upcoming assessment cycle.
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