Manesh Samtani

    image

    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

    image

    Crypto / Digital Assets

    BCBS Paper Warns of Risks in Permissionless DLT Systems

    30/08/2024

    New working paper describes the risks associated with permissionless DLT, highlighting the need for banks to adopt robust risk management strategies.

    image

    AML / KYC

    FinCEN Finalises AML Rules for Investment Advisers, Real Estate

    30/08/2024

    Based on feedback to the February proposals, the final rules walk back certain measures to reduce potential burdens on businesses.

    image

    Market Infrastructure

    ASIC Revises Trade Reporting Rules to Adopt February Proposals

    29/08/2024

    ASIC will adopt the ‘nexus’ test to determine the scope of foreign entity reporting and remove alternative reporting.

    image

    AML / KYC

    Swiss Court Sentences Two to Jail for Defrauding 1MDB

    29/08/2024

    Two executives of an oil exploration company known as PetroSaudi were sentenced for defrauding 1MDB out of more than $1.8bn.

    image

    Big Picture

    HKMA Highlights Power of AI to Mitigate Greenwashing Risk

    28/08/2024

    HKMA published a bulletin offering guidance to FIs on the use of AI-powered ESG tools to help manage climate greenwashing risk.

    image

    Securities / Derivatives

    HKEX Appoints Capital Markets Veteran to Drive IPO Activity

    28/08/2024

    Former Nomura managing director Johnson Chui will take up a new role at HKEX as Head of Global Issuer Services.

    image

    Market Infrastructure

    China Enhances Domestic Market Access for Foreign Investors

    27/08/2024

    New rules have taken effect that enable foreign institutional investors to become direct members of CFETS.

    image

    AML / KYC

    Japan Strengthens Measures to Prevent Fraudulent Use of Bank Accounts

    26/08/2024

    The FSA and National Police Agency have asked FIs to implement enhanced measures to prevent the fraudulent use of bank accounts.

    image

    AML / KYC

    Philippine Police Arrest 99 in Scam Centre Dawn Raid

    26/08/2024

    The scam centre was identified by an informant, prompting an undercover officer to infiltrate the operation to collect evidence for the search warrant.

    image

    Crypto / Digital Assets

    Korean Regulators Inspect Monitoring Systems for Crypto Market

    23/08/2024

    Inspections found that Korea’s big-five crypto exchanges have established dedicated teams and systems to detect and respond to abnormal trading activities.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team