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
ESG / Sustainability
Hong Kong to Launch New Subsidy Scheme for Green Fintech
26/01/2024
The scheme will provide early-stage funding for pre-commercialised green fintech companies, said Hong Kong official Salina Yan.
ESG / Sustainability
China Relaunches Voluntary Carbon Credit Market
26/01/2024
The revamped CCER scheme, which was initially launched in 2012 but then shelved in 2017, allows any enterprise to purchase carbon credits.
Sanctions
US Senate Committee Approves REPO for Ukrainians Act
25/01/2024
If the legislation gets signed into law, it would pave the way for the US to confiscate Russian assets. However, the EU is unlikely to do the same.
Securities / Derivatives
China Announces RRR Cut, Other Measures to Boost Stock Market
24/01/2024
Besides the 50bp RRR cut for banks, regulators pledged to bolster investment returns and incentivise SOEs to improve share price performance.
Market Infrastructure
Taiwan to Introduce Responsibility Mapping System for Banks
24/01/2024
The FSC has directed the local banking association to develop a responsibility mapping system by 1 January 2025, based on the UK Senior Managers Regime.
Securities / Derivatives
China Planning Package of Measures to Stabilise Stock Market – Report
24/01/2024
Policymakers have earmarked at least CNY 300 billion of local funds and CNY 2 trillion of offshore funds to use to buy shares.
Fintech / Regtech
HKMA to Bolster Bank Supervision With Social Media Monitoring Tool
23/01/2024
The planned solution will be able to extract data from social media and websites and use NLP to analyse market sentiment and risks associated with banks.
Market Infrastructure
BIS Sets Out Priorities for Next Review of FX Global Code
23/01/2024
BIS Market Committee Chair John Williams says the GFXC should expand adoption to more types of institutions and continue work on reducing FX settlement risk.
AML / KYC
EU Council, Parliament Reach Provisional Agreement on AMLD6
18/01/2024
The scope of the AML rules is broadened to include cryptoassets, luxury goods, football clubs and golden visas. There is also an EU-wide cash payment limit of EUR 10,000.
Securities / Derivatives
Bursa Malaysia Launches Transition to “Multi-asset Exchange”
16/01/2024
Bursa Malaysia launched a gold trading platform, a new customer portal, and a new platform to connect investors directly with dealer representatives.
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