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
AML / KYC
New Requirements Commencing for Crypto Firms in Singapore
02/04/2024
The amendments take effect in stages from 4 April 2024, with transitional arrangements for firms currently conducting activities under the expanded scope of the Payment Services Act.
Crypto / Digital Assets
HKMA to Soon Issue Guidelines for Banks on DLT Adoption
02/04/2024
HKMA’s Raymond Chan said the new guidelines will not be binding nor exhaustive, but they will provide a “helpful benchmark” for banks looking to plan and develop DLT solutions.
AML / KYC
FATF Sheds Light on Global Implementation of Crypto Standards
31/03/2024
91% of jurisdictions with materially important VASP activity have enacted or are in the process of enacting AML/CTF requirements for VASPs.
Market Infrastructure
UK Starts Preparing for Move to T+1 Settlement Cycle
31/03/2024
Some operational changes will be implemented by end-2025, to enable the market to prepare for a full transition to T+1 before end-2027.
AML / KYC
Singapore: ACIP Sheds Light on Use of Data Analytics for AML/CFT
30/03/2024
New paper discusses current and future uses of data analytics for AML/CFT, and how information shared over COSMIC could be leveraged to enhance such solutions.
Crypto / Digital Assets
UK Proposes Two New Use Cases for Fund Tokenisation
29/03/2024
Tokenising MMF units could facilitate their use as collateral, and reduce redemption pressures on MMFs during market stress.
Fintech / Regtech
US Treasury Publishes Report on AI-Specific Cyber Risks
28/03/2024
The report outlines measures including the development of a common AI lexicon and a data lake to help FIs train AI models to detect fraud.
Crypto / Digital Assets
LSE Proposes 28 May Launch for Crypto ETN Market Segment
28/03/2024
Issuers seeking to list a Bitcoin- or Ethereum-backed crypto ETN on 28 May 2024 need to submit information to the LSE by 15 April 2024.
AML / KYC
BIS Innovation Hub Launches New Phase of AML Project
28/03/2024
Phase 2 of Project Aurora aims to, among other things, deliver real-world proofs-of-concept that could scale to a potential pilot.
Securities / Derivatives
ISDA to Commence Work to Update FX Standards
26/03/2024
CEO Scott O’Malia said ISDA is also prioritising the development of a new industry notices hub and continuing to engage with US policymakers on the proposed Basel III reforms.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team